Public-domain · open source
OpenJurist

Refund

Black's Law Dictionary · Henry Campbell Black, M.A. · 1910

Black's Law Dictionary

To repay or restore; to return money had by one party of another See Rackliff v. Greenbush, 93 Me. 99, 44 Atl. 375; Maynard v. Mechanics' Nat. Bank, 1 Brewst. (Pat) 484; Gutch v. Fosdick, 48 N. J. Eq. 353, 22 Atl. 590, 27 Am. St. Rep. 47S.

Refunding bond. A bond given to an executor by'a legatee, upon receiving payment of the legacy, conditioned to refund the same, or so much of it as may be necessary, if the assets prove deficient.

Refunds. In the laws of the United States, this term is need to denote sums of money received by the government or its officers which, for any cause, are to be refunded or restored to the parties paying them; such as excessive duties or taxes, dudes paid on goods destroyed by accident, duties received on goods which are re-exported, etc.