„Refund“
What does Refund stand for?
1. To repay or restore. To return money in restitution or repayment. To return overpaid charges
2. That which is refunded. The amount returned.
3. To fund again or renew; specifically to borrow in order to pay off an existing loan with the proceeds.
Source:
Financial and BankingView all itemsDownes, John, Goodman, Jordan Elliot. (2010). Dictionary of Finance and Investment Terms (Barron’s Business Dictionaries). Barron’s Educational Series. p. 532.
