What does refundable mean?

adj. able to be returned if not used or if not as expected; money paid that can be returned if conditions are met

refundable

🇺🇸 /rɪˈfʌndəbl/ 🇬🇧 /rɪˈfʌndəbl/

Frequency

Difficulty

Tags RARE

adjective

able to be returned if not used or if not as expected

The concert tickets were refundable, so I got my money back when it was canceled.

money paid that can be returned if conditions are met

We paid a refundable security deposit when we rented the apartment.

able to be returned if not used or if not as expected; money paid that can be returned if conditions are met