1. refunding - Noun
2. refunding - Verb
refunding
present participle of refund
refunding (plural refundings)
The return of money paid; a refund.
After an investigation into the complaints, the error was identified, and Farmers took corrective action including refunding premiums to the affected policyholders, together with interest, and payment of a civil penalty. Source: Internet
Also under new business, was the approval of an ordinance providing for the issuance and sale of combined public utility system refunding revenue bonds of the City of Newberry. Source: Internet
And by not refunding or crediting the students’ families, the university would have ultimately allocated their sizable tuition — a total of more than — to fund resources and services that the students would not have been able to use. Source: Internet
A San Diego company is also accusing Noble of not refunding a $100,000 deposit for an order of gloves, and its website has been taken down by its provider and replaced with a message saying Noble owes more than $15,000. Source: Internet
Ideally, there should be a report to Parliament every year from a Tax Ombudsman detailing the lapses of the taxman—delays in refunding arrears or indefensible demands for more taxes—and the action taken against officials who are responsible. Source: Internet
It's likely that both schools will mount a vigorous defense, or face refunding millions of dollars in fees and possibly a portion of tuitions collected so far. Source: Internet