refunds
Returned purchase payments
Refunds are amounts of money returned to a purchaser, typically when goods are returned or services prove unsatisfactory.
The singular refund works as both noun and verb: I got a refund on the defective blender, They refused to refund my ticket.
Tax refunds return overpaid taxes: I'm waiting on my tax refund to hit.
Giving back what's owed
- restitutionRestoring what was lost
- compensationPayment for services rendered
- redressCompensation for injury
- indemnityProtection against financial loss
reparation · settlement · recoupment · recompense · recovery · payback · rebate · adjustment
Forced transaction reversal
- reversalComplete change of direction
- creditRecognition or payment deferral
- cashbackRefund from spending
- processingSystematic operation on data
adjustment · billing · payment · reconciliation · clearing · disputed charge · card issuer · merchant
Rules governing merchandise exchanges
- terms and conditionsContractual requirements and rules
- eligibilityState of meeting criteria
- money-back guaranteePledge to reimburse dissatisfied buyers
- restocking feeCharge for returned goods
proof of purchase · store credit · exchange · cancellation · warranty · customer service · consumer rights · fair trading
repayment
Giving back what's owed
- restitutionRestoring what was lost
- compensationPayment for services rendered
- redressCompensation for injury
indemnity · reparation · settlement · recoupment · recompense · recovery · payback · rebate · adjustment · credit
chargeback
Forced transaction reversal
- reversalComplete change of direction
- creditRecognition or payment deferral
- cashbackRefund from spending
processing · adjustment · billing · payment · reconciliation · clearing · disputed charge · card issuer · merchant · bank
return policy
Rules governing merchandise exchanges
- terms and conditionsContractual requirements and rules
- eligibilityState of meeting criteria
- money-back guaranteePledge to reimburse dissatisfied buyers
restocking fee · proof of purchase · store credit · exchange · cancellation · warranty · customer service · consumer rights · fair trading · dispute resolution
- Consumer Choiceshopping, brands, options, preference, comparison
- consumer hassleshidden fees, long lines, out of stock, late delivery, overcharging
- Consumer Shoppingshopping, retail, checkout, purchasing, online shopping
- Consumer Tipsreviews, ratings, warranties, returns, recalls
- customer supporttickets, help desk, helpdesk, chat agent, FAQs
- school coststuition fees, student loans, financial aid, fees, school fees
refundsstore credit
Non-cash refund option
credit · exchanges · gift cards · vouchers · replacements
refundssales
Revenue from goods moved
purchases · acquisitions · orders · transactions · checkouts
- no refundsPurchase cannot be reversed
- tax refundReturned excess withholding
- full refundEntire purchase price returned
- refund policyRules for reimbursement eligibility
- cash refundPayment for returned goods
- refund policiesRules governing purchase reversals