restocking fee Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “restocking fee” in the English Dictionary

"restocking fee" in Business English

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restocking feenoun [C]

uk   us  
COMMERCE an amount of money charged by a company or store for accepting returned goods and giving the customer their money back: Their return policy is that refunds are given within 14 days - but they charge a 10% restocking fee.
(Definition of restocking fee from the Cambridge Business English Dictionary © Cambridge University Press)
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