refund

¹re·fund

verb \ri-ˈfənd, ˈrē-ˌ\

Definition of REFUND

transitive verb

1

: to give or put back

2

: to return (money) in restitution, repayment, or balancing of accounts

— re·fund·abil·i·ty \ri-ˌfən-də-ˈbi-lə-tē, (ˌ)rē-\ noun

— re·fund·able \-ˈfən-də-bəl\ adjective

Origin of REFUND

Middle English refounden, from Anglo-French & Latin; Anglo-French refunder, from Latin refundere, literally, to pour back, from re- + fundere to pour — more at found

First Known Use: 15th century

Other Economics Terms

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer

Rhymes with REFUND

dachshund, defund, hedge fund, obtund, rotund, slush fund, trust fund