What is monetary refund?


What is monetary refund? : an amount of money that is given back to someone who has returned a product, paid too much, etc.


Can I get a refund on anything?

Most retail stores allow you to return things you buy within a reasonable time for a full refund, credit, or an exchange. When a store clearly displays a limited or no-refund policy, however, refunds and exchanges are not required by law. So don't assume a store will allow you to return an item if you change your mind.


What are the 2 ways you can receive your refund money?

You have several options for receiving your federal individual income tax refund:
  • Direct Deposit: The fastest way is by direct deposit into your checking or savings account, including an individual retirement arrangement (IRA). ...
  • TreasuryDirect®: Deposit into a TreasuryDirect® online account to buy savings bonds.


What is an example of a money refund?

an amount of money that is given back to you, especially because you are not happy with a product or service that you have bought: I took the radio back to the store and asked for/demanded/got/was given a refund.