Refundment


verb (used with object)
1.
to give back or restore (especially money); repay.
2.
to make repayment to; reimburse.
verb (used without object)
3.
to make repayment.
noun
4.
an act or instance of refunding.
5.
an amount refunded.
verb (transitive) (rɪˈfʌnd)
1.
to give back (money), as when an article purchased is unsatisfactory
2.
to reimburse (a person)
noun (ˈriːˌfʌnd)
3.
return of money to a purchaser or the amount so returned

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