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refund - 8 dictionary results

re⋅fund

1[v. ri-fuhnd, ree-fuhnd; n. ree-fuhnd]
–verb (used with object)
1. to give back or restore (esp. money); repay.
2. to make repayment to; reimburse.
–verb (used without object)
3. to make repayment.
–noun
4. an act or instance of refunding.
5. an amount refunded.

Origin:
1350–1400; ME refunden (v.) < L refundere to pour back, equiv. to re- re- + fundere to pour; see found 3


re⋅fund⋅a⋅ble, adjective
re⋅fund⋅a⋅bil⋅i⋅ty, noun
re⋅fund⋅er, noun
re⋅fund⋅ment, noun

re⋅fund

2[ree-fuhnd]
–verb (used with object)
1. to fund anew.
2. Finance.
a. to meet (a matured debt structure) by new borrowing, esp. through issuance of bonds.
b. to replace (an old issue) with a new one.

Origin:
1855–60; re- + fund
re·fund   (rĭ-fŭnd', rē'fŭnd')   
v.   re·fund·ed, re·fund·ing, re·funds

v.   tr.
To give back, especially money; return or repay: refunded the purchase price.
v.   intr.
To make repayment.
n.   (rē'fŭnd')
  1. A repayment of funds.
  2. An amount repaid.

[Middle English refunden, from Old French refunder, from Latin refundere : re-, re- + fundere, to pour; see gheu- in Indo-European roots.]
re·fund'a·ble adj., re·fund'er n., re·fund'ment n.

Refund

Re*fund"\ (r?*f?nd"), v. t. [Pref. re- + fund.] To fund again or anew; to replace (a fund or loan) by a new fund; as, to refund a railroad loan.

Refund

Re*fund"\ (r?*f?nd"), v. t. [L. refundere; pref. re- re- + fundere to pour: cf. F. refondre, refonder. See Fuse to melt, and cf. Refound to cast again, 1st Refuse.]

1. To pour back. [R. & Obs.]

Were the humors of the eye tinctured with any color, they would refund that color upon the object. --Ray.

2. To give back; to repay; to restore.

A governor, that had pillaged the people, was . . . sentenced to refund what he had wrongfully taken. --L'Estrange.

3. To supply again with funds; to reimburse. [Obs.]
Language Translation for : refund
Spanish: reembolsar,
German: zurückzahlen,
Japanese: 払い戻す

refund  (v.)
"to give back, restore," 1432 (earlier "to pour back," 1386), from O.Fr. refunder "restore," from L. refundere "give back, restore," lit. "pour back," from re- "back" + fundere "to pour" (see found (2)). Specifically of money from 1553. The noun is 1866, from the verb.

Refund

A payment from the government for an individual's overpaid taxes. An individual in this situation is said to be "over-withholding." Federal income tax refunds are not taxable.

Investopedia Commentary

In short, when the government owes you back some of the taxes you paid throughout the year.

See also: Direct Tax, Earned Income Credit, Income Tax, Refundable Credit, Withholding


refund

To retire securities with the funds that have been raised through the sale of a new security issue. Refunding usually occurs after a period of falling interest rates when firms issue new debt in order to retire existing debt having high coupon rates of interest. Refunding works to the disadvantage of existing bondholders, who must sell their securities before maturity (usually at a slight premium over face value) when proceeds can only be reinvested at a reduced yield. Also called refinance. See also call provision, nonrefundable, prerefunded bond.

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