refundable

refundable
Able to be refunded or swapped in case of customer dissatisfaction, loss, breakage etc.
Ant: non-refundable, nonrefundable

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  • Refundable — Eligible for refunding under the terms of indenture. The New York Times Financial Glossary * * * refundable re‧fund‧a‧ble [rɪˈfʌndəbl] adjective FINANCE if a charge, deposit etc is refundable, it can be paid back: • You are required to pay a… …   Financial and business terms

  • refundable — Eligible for refunding under the terms of a bond indenture. Bloomberg Financial Dictionary * * * refundable re‧fund‧a‧ble [rɪˈfʌndəbl] adjective FINANCE if a charge, deposit etc is refundable, it can be paid back: • You are required to pay a… …   Financial and business terms

  • refundable — [[t]rɪfʌ̱ndəb(ə)l[/t]] ADJ A refundable payment will be paid back to you in certain circumstances. A refundable deposit of 700 francs per apartment is payable on arrival... Tickets are not refundable …   English dictionary

  • refundable — /rɪ fʌndəb(ə)l/ adjective which can be paid back ● We ask for a refundable deposit of £20. ● The entrance fee is refundable if you purchase £5 worth of goods …   Marketing dictionary in english

  • refundable — /rɪ fʌndəb(ə)l/ adjective which can be paid back ● We ask for a refundable deposit of £20. ● The entrance fee is refundable if you purchase £5 worth of goods …   Dictionary of banking and finance

  • refundable — rə̇ˈfəndəbəl, rēˈf adjective Etymology: refund (I) + able : capable of being refunded overpayment of a tax is refundable at the end of the year refundable deposit …   Useful english dictionary

  • refundable — adj. Refundable is used with these nouns: ↑deposit …   Collocations dictionary

  • refundable — refund ► VERB ▪ pay back (money) to. ► NOUN ▪ a refunded sum of money. DERIVATIVES refundable adjective. ORIGIN Latin refundere pour back …   English terms dictionary

  • Refundable Credit — A tax credit that is not limited by the amount of an individual s tax liability. Typically a tax credit only reduces an individual s tax liability to zero. Refundable credits go beyond this and so really can be considered the same as a payment.… …   Investment dictionary

  • refundable deposit — This is a refundable deposit required at lease inception. In some cases it may be used to satisfy the final monthly payment. It is sometime called a security deposit …   Dictionary of automotive terms

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