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nonrefundability

  • a word derived from refund.
    refund
    verb (used with object)
    to give back or restore (especially money); repay.

Example Sentences

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Sometimes the nonrefundability of purchases is buried in lengthy end-user license agreements, or EULAs, that users habitually don’t bother to read but click on buttons marked “agree” so they can start their downloads.

From Los Angeles Times ● Sep. 11, 2020

Sometimes nonrefundability is noted on a purchase page, but not necessarily all that prominently.

From Los Angeles Times ● Sep. 11, 2020

“The risk of nonrefundability is a very big piece here,” said Mr. Quek of American Express.

From New York Times ● Jan. 23, 2017