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Glite Dictionary
refundability

refundability

5.1
Whether you can get your money back when you return something
  • noun
  • /ˌriːˈfʌndəˌbɪlɪti/
translation icon : reembolsabilidad
  • The Canadian system now provides refundability rather than a flow-through mechanism for Scientific Research and Experimental Development ("SR&ED") expenditures.

Examples

  • There are several key design issues to consider in designing a system of R&D tax incentives: encourage all R&D or only incremental R&D; refundability; and administrative and compliance considerations.

    Academic text (1993)

  • However, this refundability is limited to certain situations.

    Academic text (1993)

  • Refundability for some 3-year carry-back; 10-year carry-forward.

    Academic text (1999)

  • Many customers appreciate the refundability of their purchase if it does not meet their expectations.

  • The refundability policy of the airline allows passengers to get their money back for canceled flights.

  • Before making a purchase, you should check the refundability options available to avoid potential losses.

Synonyms

recoverability
vsrefundability
  • Formal
7.4

If people can get money or costs back through a court

is the ability to get money back through a seller or provider

How Refundable

full refund
7 1.8
refundability
5.1

Surface Forms

refundability singular
refundabilities plural

Morphology

refundability = refundable (transparent) = refund + able + ity

This is a regular noun formation from the adjective 'refundable' meaning the state or quality of being refundable.

Etymology

The word refundability comes from refund, meaning to give money 'back', and the ending -ability, meaning 'can be done'. So refundability is the quality of something that 'can be refunded', which means you can get your money back.