|v. t.||1.||To fund again or anew; to replace (a fund or loan) by a new fund; |
|1.||To pour back.|
|2.||To give back; to repay; to restore.|
|3.||To supply again with funds; to reimburse.|
|Noun||1.||refund - money returned to a payer|
|2.||refund - the act of returning money received previously|
|Verb||1.||refund - pay back; "Please refund me my money"|
TO REFUND. To pay back by the party who has received it, to the party who
has paid it, money which ought not to have been paid.
2. On a deficiency of assets, executors and administrators cum testamento annexo, are entitled to have refunded to them legacies which they may have paid, or so much as may be necessary. to pay the debts of the testator; and in order to insure this, they are generally authorized to require a refunding bond. Vide 8 Vin. Ab. 418; 18 In Vin. Ab. 273; Bac. Ab. Legacies, H.