refund
noun [ C ]
uk/ˈriːfʌnd/ us COMMERCE
an amount of money that is given back to you, especially because you have paid too much, or you are not happy with a product or service:
ask for/claim/demand a refund Even if the condition is fine, you can still demand a refund if the item is not fit for its purpose.
get/receive a refund
be eligible for/entitled to a refund
make/offer/pay a refund
a cash/full refund
a tax refund
refund
verb [ T ]
uk/ˌriːˈfʌnd/ us COMMERCE
to give someone back an amount of money, especially because they have paid too much or are not happy with a product or service:
The court ordered the company to refund current customers.
refund money/cash If someone buys you a present you don't like, the store is within its rights not to refund the money.
The customer will be refunded in full up to $50,000.
If you see any branded item you have purchased at a cheaper price elsewhere within 60 days, we will refund the difference.