refund


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Related to refund: Tax refund

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.

References in periodicals archive ?
Of course, Secretary Snow did not address the timing for payment of billions of dollars of excise tax refunds due to millions of taxpayers for prior periods.
Glade said simply chipping away at your debt - credit cards alone carry upward of 14 percent interest - with a couple hundred dollars is a quick and efficient way to invest a tax refund.
H&R Block earned $110 million in 2003 with rapid refund loans--about 3 percent of its revenues, the company's year-end report shows.
Del's 1999 wage withholding tax is deemed paid for purposes of a refund claim on the 15th day of the fourth month after the close of the year in which the tax is withheld [Code Sec.
In other words, use your refund as seed money to start your own business.
Until there is a final outcome, taxpayers are advised to file refund claims immediately.
After the company receives its tax refund, CPAs should recommend it place the funds in escrow and not commingle them with any other money.
He stated that the general rule is that the party who had made the actual tax payments is entitled to receive any refund of that tax.
The estimated amount, however, may not reflect pre-tax retirement deductions, or money withheld for child support or taxes and the taxpayer will have to pay the full amount estimated on the pay stub whether or not the refund is large enough to cover the cost of the loan and fees.
a reasonable method for estimating telephone excise tax refund amounts" that can be used by businesses and nonprofit organizations.
Davis said the $9 billion refund total was compiled by the California Independent System Operator, which runs the state's power market and grid.