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Glite Dictionary
refundable

refundable

9 3.4
Able to have money given back to the person who paid
  • adjective
  • /rɪˈfʌndəbl/
translation icon : reembolsable
  • For example, the Earned Income Tax Credit (EITC) provides a refundable tax credit to low- and moderate-income working families.
  • refundable credit
  • fully refundable

After that point it's non refundable unless the seller is in breach.

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Examples

  • If you would like to join us, a $200 deposit, refundable until February 20, must be sent to me immediately.

    Academic text (1996)

  • It's disclosed up front and easily avoided if you buy a refundable ticket.

    Blog text (27)

  • One fully refundable coach ticket is $1,100.19.

    Undiscovered (2005)

  • The dealer will take a refundable deposit, and you pay for the car after it arrives.

    Blog text (15)

  • The EITC is a refundable tax credit that provides cash to low-income working parents with children.

    Blog text (21)

  • The ACTC is a means-tested refundable tax credit supporting low-income working families with children.

    Blog text (21)

  • You can cancel the reservation before noon for a full refundable amount.

  • Make sure your plane tickets are refundable in case your plans change.

  • The hotel offers a refundable rate, allowing guests to get their money back if they need to cancel.

Synonyms

recoverable
vsrefundable
9 4.2

Able to be found or returned after being lost

is specifically about being repaid to the payer, not general retrieval
returnable
vsrefundable
3 2.3

An item you can take back to a shop to get money or to use again

is about money repaid to the payer rather than just returning an item
reimbursable
vsrefundable
1 4.9

Can be paid back to the person who paid for it

is repaid to the original payer rather than only covering expenses
recoupable
vsrefundable
1 6.5

Able to get back money you spent or lost

is returned to the payer as a normal refund rather than recovered after loss
redeemable
vsrefundable
1 4.6

You can exchange it for money or goods

is money returned to the payer rather than a value exchange

Antonyms

nonrefundable
7 3.7

You cannot get your money back after you pay for something

How Refundable

refundable
9 3.4

Surface Forms

refundable positive

Morphology

refundable = refund (transparent) = refund + able

Formed by adding the productive suffix '-able' to the verb 'refund', yielding the straightforward meaning 'able to be refunded'.

Etymology

Refundable comes from two parts: re- meaning 'back' and fundere meaning 'to pour'. So think of money being 'poured back' into your hand, which is why something refundable can be given back or paid to you again.