refundable
/ɹɪfˈʌndəbəl/
[rɪfˈʌndəbəl]/rɪfˈʌndəbəl/
Word family
Synonym discussion
Sense: adjective/1
Refundable describes money paid for a purchase that can be returned; reimbursable specifically implies the repayment of costs already incurred by an employee; compensable refers to damages or work that legally deserves financial payment.
Common collocations
Etymology
LatinFrenchEnglish
The word is formed from the verb 'refund', which comes from the Latin 'refundere' (to pour back). Adding the suffix '-able' changes the verb into an adjective describing something that has the quality of being able to be poured back to the original owner.