returncredit
nounUK /rɪˈtɜːnˌkrɛdɪt/
US /rɪˈtɝːnˌkrɛdɪt/
Money you get back when you give something back to a store.
She got a returncredit after taking the broken toy back to the shop.
RELATED WORDS
OTHER MEANINGS
2. A note on an account showing that something was returned.
The clerk added a returncredit to his account after the return.
3. A tax adjustment that gives you money back.
The family received a returncredit on their taxes.
4. Points added back to a rewards account after a return.
Her returncredit restored the points she had spent.