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Definition of refundable adjective from the Oxford Advanced Learner's Dictionary

refundable

adjective
 
/rɪˈfʌndəbl/
 
/rɪˈfʌndəbl/
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  1. if something you have paid for is refundable, you can get your money back if you are not satisfied with it or if you are unable to use it
    • Tickets are not refundable.
  2. a sum of money that you pay that is refundable will be paid back later if particular conditions are met
    • a refundable deposit
  3. opposite non-refundable

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