Simple Definition of refund

from our Learner's Dictionary

refund

1 of 2

verb

refunds; refunded; refunding
: to give back money that someone paid for something (such as a product that was returned or a service that was not acceptable)
If you are not completely satisfied, we will refund the purchase price.
We will refund (you) your money.
They refused to refund the ticket. [=to give back the money that I had paid for the ticket]

refund

2 of 2

noun

plural refunds
: an amount of money that is given back to someone who has returned a product, paid too much, etc.
No refunds or exchanges are allowed.
She demanded a refund.
The store gave me a full refund. [=gave me back all the money I paid]
We received a tax refund this year. [=this year we paid too much income tax so we got some money back]

Cite this Entry

“Refund.” Merriam-Webster.com Simple Definition, Merriam-Webster, https://www.merriam-webster.com/simple/refund. Accessed 22 Jun. 2026.

More from Merriam-Webster on refund

More from Merriam-Webster