Refund: meaning, definitions and examples
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refund
[ rɪˈfʌnd ]
financial
To give money back to someone who is not satisfied with a product or service they have paid for.
Synonyms
Which Synonym Should You Choose?
Word | Description / Examples |
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refund |
When you want your money back after returning a product or service that did not satisfy you.
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reimburse |
When someone covers your expenses, typically in a more formal or business-related situation.
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repay |
When you pay back money that you borrowed or owe to another person.
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return |
When you physically give back an item you purchased or received, possibly leading to a refund.
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Examples of usage
- The store agreed to refund the money after the customer complained about the faulty product.
- If you're not happy with your purchase, you can request a refund within 30 days.
- She demanded a refund when she discovered the item was damaged.
financial
An amount of money that is given back to someone who is not satisfied with a product or service they have paid for.
Synonyms
reimbursement, repayment, return.
Which Synonym Should You Choose?
Word | Description / Examples |
---|---|
refund |
This is usually used when a customer returns a purchased item to a store or cancels a service, and gets their money back. It is common in retail and service industries.
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reimbursement |
This term is typically used when someone has expended their own money for business or personal reasons and is getting paid back. It is often used in professional or medical contexts.
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repayment |
This word is commonly used in financial contexts where someone is returning borrowed money, such as loans or debts. It has a formal tone.
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return |
In this context, 'return' is used when a product or item is given back to where it was purchased from, without necessarily implying a financial transaction. It is often used in everyday scenarios.
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Examples of usage
- The company issued a refund for the defective product.
- He received a full refund for the cancelled flight.
- They processed the refund quickly and efficiently.
Translations
Translations of the word "refund" in other languages:
🇵🇹 reembolso
🇮🇳 वापसी
🇩🇪 Rückerstattung
🇮🇩 pengembalian dana
🇺🇦 відшкодування
🇵🇱 zwrot
🇯🇵 払い戻し (はらいもどし)
🇫🇷 remboursement
🇪🇸 reembolso
🇹🇷 iade
🇰🇷 환불 (hwanbul)
🇸🇦 استرداد
🇨🇿 vrácení peněz
🇸🇰 vrátenie peňazí
🇨🇳 退款 (tuìkuǎn)
🇸🇮 vračilo
🇮🇸 endurgreiðsla
🇰🇿 қайтару
🇬🇪 ანაზღაურება (anazghraureba)
🇦🇿 geri ödəmə
🇲🇽 reembolso
Etymology
The word 'refund' originated from the Latin word 'refundere', which means 'to pour back'. It first appeared in English in the mid-16th century. The concept of refunds has been around for centuries, as a way to ensure fairness and customer satisfaction in transactions.
See also: fund, funder, funding, fundraiser, fundraising, funds, underfund, underfunding, unfunded.
Word Frequency Rank
At #6,447 in frequency, this word belongs to advanced vocabulary. It's less common than core vocabulary but important for sophisticated expression.
- ...
- 6444 noun
- 6445 prescription
- 6446 supplemented
- 6447 refund
- 6448 passions
- 6449 duplicate
- 6450 rim
- ...