Quick Answer: How Do You Use The Word Refund?

What does it mean to compensate?

: to provide something good as a balance against something bad or undesirable : to make up for some defect or weakness.

: to give money or something else of value to (someone) in return for something (such as work) or as payment for something lost, damaged, etc..

How can I refund my online payment?

How to Process Refund Through Payment GatewayNavigate to the Reservation and go to the Folio tab.Click on the gear icon next to the transaction made through the gateway in myfrontdesk.Click ‘Refund transaction’Enter the amount to be refunded (by default it will be the full amount of charge)Click ‘Process Refund’

What is another word for payment?

RELATED WORDS AND SYNONYMS FOR PAYMENTamends.expiation.indemnification.payment.penance.propitiation.recompense.redemption.More items…

What’s another word for refund?

What is another word for refund?repaymentrebaterecompenseremunerationretributionsatisfactionsettlementmoney backdamagescard refund19 more rows

Are customers entitled to a refund?

The Consumer Rights Act 2015 changed our right to reject something faulty, and be entitled to a full refund in most cases, from a reasonable time to a fixed period (in most cases) of 30 days.

How do you say no to refund request sample?

Start by acknowledging the refund request and your steps in determining if it was valid. Then explain your decision to deny the refund. Use active language like, “I looked into your situation and our refund policy does not allow one in this case.” Consider indicating that you spoke to a manager to add to the authority.

What happens if I get refund on my credit card?

If a credit card refund results in a negative account balance, the issuer will either wire the money back to your checking account or send you a check. Alternatively, you could charge additional purchases to the card to bring the balance back up to zero or more.

How do refunds to credit cards work?

In the event that an item purchased with a credit card is returned, the retailer will issue a refund to your credit card account instead of issuing funds directly to you. Remember, the merchant is actually paid by the credit card issuer during a credit card transaction and not by the consumer.

How do I get my money back from a bank account?

1) Inform your bank, immediately The moment you realise that the amount has been credited to a wrong bank account, inform your respective bank via a phone call or an e-mail. If not, you can speak to the branch manager who will assist you to get your money back and resolve the matter.

What is non refundable?

: not subject to refunding or being refunded a nonrefundable bond a nonrefundable fee.

How do you politely ask for a refund?

Just simply asking for a refund, explaining the problem to the best of your ability, and saying please and thank you should be enough. And if it isn’t, they’ll let you know what else needs to be done. If you are the least bit considerate, you don’t need to worry about it.

What is the past tense of refund?

refund ​Definitions and Synonymspresent tensehe/she/itrefundspresent participlerefundingpast tenserefundedpast participlerefunded1 more row

What is refund money?

A refund is a sum of money that is returned to you, for example because you have paid too much or because you have returned goods to a store. … If someone refunds your money, they return it to you, for example because you have paid too much or because you have returned goods to a store.

What can I do if a company won’t give me a refund?

It’s only when the merchant doesn’t make with the refund that you should bring in the big guns and call up the issuing bank. (Your issuer should have clear instructions for formally disputing a charge, with options including a phone call, written letter or online form.)

Is refunded a word?

To give back, especially money; return or repay: refunded the purchase price. To make repayment. 1. A repayment of funds.

Is a credit a refund?

A credit memo is a posting transaction which can be applied to a customer’s invoice as a payment or reduction. A delayed credit is a non-posting transaction that you can include later on a customer’s invoice. A refund is a posting transaction which is used when reimbursing a customer money.

How long do credit card refunds take?

7 daysCredit card refunds are issued back to your credit card account—you typically can’t receive your refund in other forms of payment such as cash. Refunds on credit card purchases usually take 7 days. Credit card refund times vary by merchant and bank, with some taking a few days and others taking a few months.

What is the opposite of refund?

refund. Antonyms: appropriate, withhold, divert, misapply, embezzle, alienate, misappropriate, expend, misspend. Synonyms: repay, return, restore, pay back, reimburse.

What does the word refund mean?

(Entry 1 of 3) transitive verb. 1 : to give or put back. 2 : to return (money) in restitution, repayment, or balancing of accounts.