Refund vs Replacement - What's the difference?

refund | replacement |


As nouns the difference between refund and replacement

is that refund is an amount of money returned while replacement is a person or thing that takes the place of another; a substitute.

As a verb refund

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

refund

English

Verb

(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.

    Noun

    (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.

    Anagrams

    * English heteronyms

    replacement

    English

    Noun

    (en noun)
  • A person or thing that takes the place of another; a substitute.
  • * {{quote-news
  • , year=2010 , date=December 28 , author=Kevin Darlin , title=West Brom 1 - 3 Blackburn , work=BBC citation , page= , passage=Rovers lost keeper Robinson to a calf problem at half-time and his replacement Mark Bunn, making his Premier League debut, was immediately called into action - pushing away a vicious Peter Odemwingie drive at the near post.}}
  • The act of replacing something.
  • Synonyms

    * See also

    Derived terms

    * overreplacement * subreplacement
    See also
    * spare part