Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “refund”

refund

verb [T]
 
 
/ˌriːˈfʌnd/
COMMERCE to give someone back an amount of money, especially because they have paid too much or are not happy with a product or service: The court ordered the company to refund current customers.refund money/cash If someone buys you a present you don't like, the store is within its rights not to refund the money. The customer will be refunded in full up to $50,000. If you see any branded item you have purchased at a cheaper price elsewhere within 60 days, we will refund the difference.
(Definition of refund verb from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of refund?
Add Cambridge dictionaries to your browser to your website

More Business English definitions for “refund”

Definitions of “refund” in other dictionaries

Word of the Day

for starters

used to say that something is the first in a list of things

Word of the Day

Come on – you can do it! Phrasal verbs with ‘come’.

by Liz Walter​,
November 19, 2014
As part of an occasional series on the tricky subject of phrasal verbs, this blog looks at ones formed with the verb ‘come’. If you are reading this blog, I’m sure you already know come from, as it is one of the first things you learn in class: I come from Scotland/Spain.

Read More 

ped-text verb

November 24, 2014
to text someone while walking I’m ped-texting, I’m looking down at my phone, 75 percent of the time.

Read More