Origin: Latin suffix -able
Definition, synonyms and related words
Something that is eligible to be refunded.
"The airline confirmed that our tickets are refundable if we cancel before departure."
In plain English: A refundable is something you can get money back for if you return it.
"The refundable deposit will be returned to you when your rental agreement ends."
Able to be refunded in case of customer dissatisfaction, loss, breakage etc.
"The deposit you paid is fully refundable if any damage occurs during your stay."
In plain English: Something that is refundable means you can get your money back if you return it or cancel something.
"The airline ticket is refundable if you cancel your flight before departure."
Usage: This adjective typically describes tickets or deposits rather than the money itself; use "returnable" if you specifically mean an item can be sent back for a full reimbursement. Avoid using it as a noun in formal writing, where "refund" is preferred.
The word refundable comes from combining the verb refund with the suffix -able to mean something that can be paid back. It entered English as a straightforward formation describing items or money eligible for reimbursement.