refund

Meanings

• Noun

  The action or an act of returning money previously received; repayment.

• Noun

  A sum of money paid or given back, usually as a reimbursement for an expense or return of a purchase.

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Pronunciation

1. 
   
   
   
   Source: "https://commons.wikimedia.org/w/index.php?curid=1243992"

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Rhymes

Words rhyming with refund
fund , rund , bund , plund

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Variants

List of all variants of refund that leads to same result
refund , refundabilities , refundability , refundable , refunded , refunding , refunds , full refund , tax refund

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Etymology

origin and the way in which meanings have changed throughout history.

Middle English (in the sense ‘return, repayment’): from Old French refondre, from re- ‘back’ + fondre ‘melt, pour out’. The sense ‘sum of money repaid’ is first recorded in the late 15th century.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. Did you know that the first recorded use of the word 'refund' in English was in the late 15th century?

2. Refunds are not only important in retail sales but also in tax law, where taxpayers can claim refunds for overpaid taxes.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Return Policy: A set of rules that a retailer or business establishes regarding the return of goods or services after a purchase.

2. Reimbursement: The process of being paid back for an expense or loss incurred.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Refunds have significant cultural and historical importance, particularly in the context of consumer protection and financial transactions. Refunds are a common occurrence in retail sales, and the ability to request and receive a refund is often seen as a consumer right. Refunds can also be found in various forms of literature, such as Dante's Inferno, where souls are granted a 'refund' of their sins through penance.

How to Memorize "refund"

1. visualize
   

   - Visualize a person returning money to another person, or imagine a refund transaction taking place.

2. associate
   

   - Associate the word 'refund' with the idea of receiving money back or being repaid.

3. mnemonics
   

   - Create a mnemonic by remembering the phrase 'Refund: Returning Funds' to help remember the meaning of the word.

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