nonrefundable

American  

[nahn-ree-fuhnd-uh-buhl] / ˌnɑn riˈfʌnd ə bəl /

adjective

1. not able to be repaid or refunded.

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Example Sentences

The advocacy group said it is working to advance the Credit for Caring Act, federal legislation that would provide financial relief to eligible working family caregivers through a $5,000 nonrefundable federal tax credit to help offset caregiving expenses, and the Lowering Costs for Caregivers Act, a bill that would allow family caregivers to use their health savings accounts or flexible spending accounts for a parent or parent-in-law’s qualified medical expenses.

From MarketWatch

Also, it’s worth noting that the coverage doesn’t typically reimburse you the full amount of what you’ve paid — rather, it may reimburse just 50% to 75% of your prepaid, nonrefundable cost.

From MarketWatch

Forking over thousands of nonrefundable dollars on the strength of snapshots and a gushing profile drafted by the property’s host?

From The Wall Street Journal

Unlike the existing nonrefundable Saver’s Credit — which provides little benefit to workers with low tax liabilities — the refundable match would be deposited directly into workers’ retirement accounts, she noted.

From MarketWatch

Unlike the existing nonrefundable Saver’s Credit — which provides little benefit to workers with low tax liabilities — the refundable match would be deposited directly into workers’ retirement accounts, she noted.

From MarketWatch