Also found in: Thesaurus, Legal, Financial, Idioms, Encyclopedia.
v. re·fund·ed, re·fund·ing, re·funds
To give back, especially money; return or repay: refunded the purchase price.
To make repayment.
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.]
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.