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Refund
(redirected from refunds)

    Also found in: Dictionary/thesaurus, Financial 0.01 sec.

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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? References in periodicals archive
A Stevenson Ranch man faces up to 22 years in prison and a hefty fine after pleading guilty this week to filing false tax returns that included fabricated refunds due to cover funds withheld for taxes for bogus gambling payouts.
TOUGH SENTENCE POSSIBLE IN FRAUD by Daily News (Los Angeles, CA)
Rather than computing the actual taxes paid, fliers can determine their refunds by comparing a telephone bill with a statement date in April 2006 to a bill with a statement date in September 2006.
Telephone excise tax refunds by Laffie, Lesli S. / The Tax Adviser
1 million in unclaimed 2005 state tax refunds, with 37,000 refunds returned to the FTB as undeliverable.
$8 million in undelivered refunds by California CPA
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