refund has definitions from the field of business
1
[ noun ] (business) money returned to a payer

Used in print

(Your Federal Income Tax. 1962 Edition (Revised to...)

If you elect to use the Standard Deduction or the Tax Table , and later find you should have itemized your deductions , you may do so by filing an amended_return within the time prescribed for filing a claim for refund .

An overpayment of income and social_security taxes entitles you to a refund unless you indicate on the return that the overpayment should be applied to your succeeding year 's estimated tax .

If you file Form_1040_A and the District_Director computes your tax , any refund to which you are entitled will be mailed to you .

Refunds of less_than $ 1 will not be made unless you attach a separate application to your return requesting such a refund .

Refunds of less_than $ 1 will not be made unless you attach a separate application to your return requesting such a refund .

Related terms

payment rebate

2
[ verb ] pay back

Examples

"Please refund me my money"

Used in print

(Your Federal Income Tax. 1962 Edition (Revised to...)

If you file a Form_1040 , you should indicate in the place provided that there is an overpayment of tax and the amount you want refunded and the amount you want credited against your estimated tax .

Related terms

pay restore reimburse repayment

3
[ noun ] (business) the act of returning money received previously

Synonyms

repayment

Used in print

(Your Federal Income Tax. 1962 Edition (Revised to...)

The return for a decedent may also serve as a claim for refund of an overpayment of tax .

Related terms

payment requite

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