What is the meaning of the word "refund"?

Definitions:

  1. A repayment of a sum of money, typically to a dissatisfied customer. copy to clipboard NOUN
    • You are entitled to reject it and insist on a refund. copy to clipboard
  2. To give back money that someone paid for something. copy to clipboard VERB
    • Th bank will refund your late fee. copy to clipboard

Synonyms: