Refundment

re·fund  (r-fnd, rfnd)

v. re·fund·ed, re·fund·ing, re·funds

v.tr.

To give back, especially money; return or repay: refunded the purchase price.

v.intr.

To make repayment.

n. (rfnd)

1. A repayment of funds.

2. An amount repaid.

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[Middle English refunden, from Old French refunder, from Latin refundere : re-, re- + fundere, to pour; see gheu- in Indo-European roots.]

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re·funda·ble adj.

re·funder n.

re·fundment n.