refund - Definition from the ECONOMICS topic - POLITICS

Topic: ECONOMICS

refund
1 noun

re‧fund1

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[countable]

1BPE an amount of money that is given back to you if you are not satisfied with the goods or services that you have paid for:

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They refused to give me a refund.

Look up a word starting with D or S for samples of headword or sentence pronunciations on the LDOCE CD-ROM

Return your purchase within 14 days for a full refund.

Look up a word starting with D or S for samples of headword or sentence pronunciations on the LDOCE CD-ROM

You should go down there and demand a refund.

2

tax refund

money that you get back from the government when it has taken too much money in taxes from your salary

Definition of refund from the Longman Dictionary of Contemporary English within
the topic ECONOMICS

Explore ECONOMICS Topic

balance sheet bankrupt(a) bankrupt(v) bankrupt(n) black market boom budget capitalism capitalist cartel commodity consumer consumer goods consumption demand developed diversify downturn economic economics economist economy embargo exchange expenditure fiscal floor free trade GDP goods gross domestic product import(n) import(v) importation importer inflation International Monetary Fund labour market laissez-faire market forces market value monetary outflow peg political economy price index privatization protect protective public service real recession refund slump socioeconomic squeeze(v) squeeze(n) staple stringent subsidy surplus trough trust

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