refund
Pronunciation: [ˈriːfʌnd]
Word
Context: "financial transaction"
(noun) a refund is money that someone gets back after they return something they bought or if there was a mistake. Imagine you buy a toy, but it’s broken, so they give you your money back.
Example
I received a full refund for the game I returned because it was never opened.
Example
She was disappointed because her request for a refund was denied.
Example
What is the policy for getting a refund on defective items?
Context: "financial transaction"
(verb) to refund means to give someone back their money after they return something or if there’s a problem. Like if you buy a shirt and it doesn’t fit, the store will refund your money.
Example
They promptly refunded my money when I returned the shoes.
Example
The store does not refund items unless they are in their original condition.
Example
Can you refund my purchase if it arrives damaged?
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