Adjustment vs Refund - What's the difference?

As nouns the difference between adjustment and refund

is that adjustment is a small change; a minor correction; a modification while refund is an amount of money returned.

to return (money) to (someone); to reimburse.

(en noun)

a small change; a minor correction; a modification

The credit card company made an adjustment to my account to waive the late fee.

The behavioural process of balancing conflicting needs, or needs against obstacles in the environment.

When Jim graduated, he found adjustment to the working world difficult.

* change * correction * modification

(en verb)

To return (money) to (someone); to reimburse.

A governor, that had pillaged the people, was sentenced to refund what he had wrongfully taken. — L'Estrange.

If you find this computer for sale anywhere at a lower price, we'll refund you the difference.

(obsolete) To supply again with funds.

to refund a railroad loan

(obsolete, rare) To pour back.

Were the humours of the eye tinctured with any colour, they would refund that colour upon the object. — Ray.

(en noun)

An amount of money returned.

If the camera is faulty, you can return it to the store where you bought it for a refund.