I. re ‧ fund 1 /ˈriːfʌnd/ BrE AmE noun [countable]
[ Word Family: noun : ↑ fund , ↑ refund , ↑ funding ; verb : ↑ fund , ↑ refund ; adjective : funded]
1 . an amount of money that is given back to you if you are not satisfied with the goods or services that you have paid for:
They refused to give me a refund.
Return your purchase within 14 days for a full refund.
You should go down there and demand a refund.
2 . tax refund money that you get back from the government when it has taken too much money in taxes from your salary
II. re ‧ fund 2 /rɪˈfʌnd/ BrE AmE verb [transitive]
[ Word Family: noun : ↑ fund , ↑ refund , ↑ funding ; verb : ↑ fund , ↑ refund ; adjective : funded]
to give someone their money back, especially because they are not satisfied with the goods or services they have paid for ⇨ reimburse :
I took the radio back, and they refunded my money.