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refund
(redirected from refunds)

   Also found in: Dictionary/thesaurus, Financial, Encyclopedia 0.01 sec.
refund noun compensation, cut, discount, money back, payment for expenses, rebate, recompense, recoupment, reduction, refundment, repayment, replacement, restitution, return, satisfaction, settlement
refund verb adjust, compensate, dissolvere, give back, honor a claim, indemnify, make amends, make commensation, make good, make restitution, pay back, rebate, recompense, reddere, redeem, reimburse, repay, replace, requite, restore, return, satisfy, settle, square
See also: bear the expense, compensate, consideration, defray, discharge, indemnify, indemnity, payment, quit, rebate, reciprocate, recompense, recoup, reimburse, reimbursement, remunerate, repay, replace, replacement, restitution, restore, return

TO REFUND. To pay back by the party who has received it, to the party who has paid it, money which ought not to have been paid.
     2. On a deficiency of assets, executors and administrators cum testamento annexo, are entitled to have refunded to them legacies which they may have paid, or so much as may be necessary. to pay the debts of the testator; and in order to insure this, they are generally authorized to require a refunding bond. Vide 8 Vin. Ab. 418; 18 In Vin. Ab. 273; Bac. Ab. Legacies, H.



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One of the many things that consumers are looking for are excellent warranties and refunds before they commit to any purchase.
The new regulations allow colleges to adopt a policy to disburse all financial aid refunds electronically.
In addition to consuming valuable and often scarce back office resources, the process for issuing refunds can cause your organization numerous problems, including: Fraud exposure.
 
 
 
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