refundrule
nounUK /ˈriːfʌndruːl/
US /ˈriːfʌndruːl/
A refund rule is a rule that says when you can get your money back.
The store's refund rule says you must return the item within thirty days.
OTHER MEANINGS
2. A specific condition in a contract that decides whether a payment will be given back.
The refund rule in the contract protects buyers if the product never arrives.
3. A guideline a company follows when returning money for a canceled service.
Under the airline's refund rule, canceled flights get a full refund.
4. A rule about giving back money for a faulty or unwanted item.
The toy shop's refund rule lets you exchange broken toys for cash.