refundment


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re·fund

 (rĭ-fŭnd′, rē′fŭnd′)
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. (rē′fŭnd′)
1. A repayment of funds.
2. An amount repaid.

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

re·fund′a·ble adj.
re·fund′er n.
re·fund′ment n.
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