refundable


Concise Oxford English Dictionary © 2008 Oxford University Press:
refund
verb /rɪˈfʌnd/ pay back (money).

■ pay back money to.

noun /ˈriːfʌnd/ a refunded sum of money.
– derivatives
refundable adjective.
– origin ME (also in the sense ‘pour back’): from OFr. refonder or L. refundere, from re- ‘back’ + fundere ‘pour’, later assoc. with fund.
'refundable' also found in these Oxford entries:

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