Definitions

1. noun

the act of returning or paying back money, especially money that has been paid in error or as a result of a purchase being cancelled or returned

“The store offered a full refund for the damaged product.”

2. verb

to return or pay back money, especially money that has been paid in error or as a result of a purchase being cancelled or returned

“The bank will refund the overdraft fee if you resolve the issue promptly.”

3. noun

a sum of money paid back or returned, especially as a result of a purchase being cancelled or returned

“The refund for the cancelled flight was issued within a week.”

4. verb

to repay or return money, especially money that has been paid in error or as a result of a purchase being cancelled or returned

“The company will refund your payment once the issue is resolved.”