- to give back or restore (especially money); repay.
- to make repayment to; reimburse.
- to make repayment.
- an act or instance of refunding.
- an amount refunded.
Origin of refund1
- to fund anew.
- to meet (a matured debt structure) by new borrowing, especially through issuance of bonds.
- to replace (an old issue) with a new one.
Origin of refund2
- to discharge (an old or matured debt) by new borrowing, as by a new bond issue
- to replace (an existing bond issue) with a new one
- to give back (money), as when an article purchased is unsatisfactory
- to reimburse (a person)
- return of money to a purchaser or the amount so returned
Word Origin and History for re-fund
"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.
"a return of money paid," 1782, from refund (v.).