Definition of Refund

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TeachMeFinance.com - explain Refund



Refund -- 1. To repay or restore. To return money in restitution or repayment. To return overpaid charges
2. That which is refunded. The amount returned.

3. To fund again or renew; specifically to borrow in order to pay off an existing loan with the proceeds.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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