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refund
(redirected from refundable)

   Also found in: Dictionary/thesaurus, Legal, Financial 0.01 sec.
refund
return of money to a purchaser or the amount so returned


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It says that there is a refundable credit available to workers, consumers and retirees that can be paid into the recipient's bank account if the recipient registers their account information with the IRS.
Baltimore Equitable Society collects an initial deposit in lieu of premium that is fully refundable upon termination of the policy.
Is fully refundable, meaning that the credit will be paid to eligible taxpayers, even if they owe no tax or the credit is more than the tax that they owe.
 
 
 
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