Meaning of “global refund” in the English Dictionary

business-english dictionary

"global refund" in Business English

See all translations

global refundnoun [ C or U ]

uk us TAX, COMMERCE

a system used by businesses which allows foreign customers to get back any tax they pay when they buy a product or service, or the amount of tax they get back

(Definition of “global refund” from the Cambridge Business English Dictionary © Cambridge University Press)