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refund1

[v. ri-fuhnd, ree-fuhnd; n. ree-fuhnd] /v. rɪˈfʌnd, ˈri fʌnd; n. ˈri fʌnd/
verb (used with object)
1.
to give back or restore (especially 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
1350-1400; Middle English refunden (v.) < Latin refundere to pour back, equivalent to re- re- + fundere to pour; see found3
Related forms
refundable, adjective
refundability, noun
refunder, noun
refundment, noun
nonrefundability, noun
nonrefundable, adjective
unrefundable, adjective

refund2

[ree-fuhnd] /riˈfʌnd/
verb (used with object)
1.
to fund anew.
2.
Finance.
  1. to meet (a matured debt structure) by new borrowing, especially through issuance of bonds.
  2. to replace (an old issue) with a new one.
Origin
1855-60; re- + fund
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples for refund
  • If for any reason your purchase does not satisfy you, simply return the item for a prompt full refund or exchange.
  • No policy will refund your money if you change your mind about taking a trip.
  • The company said that all items should be destroyed or returned for a refund.
  • Consumers who still have the chow can return it to the store where they bought it for a refund.
  • They were rightly hammered in the press and had to change their policy and refund money.
  • But if you're serious about saving money, consider starting with your tax refund.
  • Consumers who have purchased any of these pig ears are urged to return the product to the place of purchase for a full refund.
  • Unlike bottles, you didn't have to pay a deposit and then return the cans for a refund.
  • The user account can also be used to check the status of your return or refund and make electronic payments.
  • Another high cost way to borrow money is a tax refund loan.
British Dictionary definitions for refund

refund

verb (transitive) (rɪˈfʌnd)
1.
to give back (money), as when an article purchased is unsatisfactory
2.
to reimburse (a person)
noun (ˈriːˌfʌnd)
3.
return of money to a purchaser or the amount so returned
Derived Forms
refundable, adjective
refunder, noun
Word Origin
C14: from Latin refundere to pour back, from re- + fundere to pour
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Origin and History for refund
v.

"to give back, restore," early 15c. (earlier "to pour back," late 14c.), from Old French refunder "restore" and directly from Latin refundere "give back, restore, return," literally "pour back, flow back," from re- "back" (see re-) + fundere "to pour" (see found (v.2)). Specifically of money from 1550s. Related: Refunded; refunding.

n.

"a return of money paid," 1782, from refund (v.).

Online Etymology Dictionary, © 2010 Douglas Harper
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