refunding
Giving money back
Refunding is giving money back, typically when a purchase is returned or a service wasn't delivered as promised: The company is refunding customers who bought the defective product.
In finance, refunding has a technical meaning—issuing new bonds to pay off existing debt, usually at a lower interest rate.
Payment for incurred expenses
- compensationPayment for services rendered
- restitutionRestoring what was lost
- rebateReturned portion of payment
- creditRecognition or payment deferral
repayment · return · settlement · indemnification · redress · reparation · recovery · recoupment
Systematic operation on data
- ledgerFinancial record book
- invoiceItemized billing statement
- accountingMaintaining financial records
- debitSubtraction from account
credit · balance · adjustment · reconciliation · bookkeeping · posting · entry · journal
Written payment acknowledgment
- unopenedNot yet accessed
- resellableCapable of being sold again
- exchangeMutual giving and receiving
- warrantyFormal repair promise
defective · dispute · retail · e-commerce · checkout
Money owed another
- principalChief school administrator
- interestAttention, stake, or fee
- creditorOne owed money
- borrowerOne who takes temporarily
bond · refinancing · redemption · maturity · escrow · callable · treasury · securities
Expression of discontent
- grievanceFormal claim of unfairness
- dissatisfactionState of being displeased
- frustrationDispleasure from blocked efforts
- displeasureMild anger or disapproval
disappointment · disgruntlement · annoyance · unhappiness · defect · malfunction · misleading
reimbursement
Payment for incurred expenses
- compensationPayment for services rendered
- restitutionRestoring what was lost
- rebateReturned portion of payment
credit · repayment · return · settlement · indemnification · redress · reparation · recovery · recoupment · payback
processing
Systematic operation on data
- ledgerFinancial record book
- invoiceItemized billing statement
- accountingMaintaining financial records
debit · credit · balance · adjustment · reconciliation · bookkeeping · posting · entry · journal · audit
receipt
Written payment acknowledgment
- unopenedNot yet accessed
- resellableCapable of being sold again
- exchangeMutual giving and receiving
warranty · defective · dispute · retail · e-commerce · checkout
debt
Money owed another
borrower · bond · refinancing · redemption · maturity · escrow · callable · treasury · securities · yield
complaint
Expression of discontent
- grievanceFormal claim of unfairness
- dissatisfactionState of being displeased
- frustrationDispleasure from blocked efforts
displeasure · disappointment · disgruntlement · annoyance · unhappiness · defect · malfunction · misleading
- service tasksserving, greeting, seating, booking, checking in
refundingcharging
Restoring electrical power
billing · collecting · invoicing · debiting · overcharging
refundingretaining
Holding onto still
withholding · pocketing · confiscating · keeping · purchasing