refund of funds

USAGE SUMMARY

The phrase "refund of funds" is correct and usable in written English.
It can be used in contexts where you are discussing the return of money that was previously paid, typically in a financial or customer service setting. Example: "Due to the cancellation of the event, we will process a full refund of funds to all ticket holders."

✓ Grammatically correct

Academia

News & Media

Science

Human-verified similar examples from authoritative sources

Similar Expressions

60 human-written examples

Policy regarding refund of excess funds from student aid.

Columbia University

Believing that the cost of calculating the share of the checkoff attributable to the compelled subsidy would be too great, the court also declined to order a refund of checkoff funds already collected.

Cornell University

Use your tax refund to fund a Roth IRA, which is one of the best ways to invest in your financial future.

Forbes

Refunds of any funds deposited via Student Accounts will be issued back to the original Student Account if possible.

Massachusetts Institute of Technology

Refunds of any funds deposited via a credit card will be issued as a credit to the original credit card if possible.

Massachusetts Institute of Technology

The TRP, in conjunction with Yale's published refund policy, assures the student of a refund of eighty percent of funds paid for tuition, room, and board.

Yale University

A refund is a cash disbursement of funds from your student account that exceed your charges.

Harvard University

For purposes of determining the refund of federal student aid funds, any student who withdraws from the School of Architecture for any reason during the first 60percentt of the term will be subject to a pro rata schedule that will be used to determine the amount of Title IV funds a student has earned at the time of withdrawal.

Yale University

For purposes of determining the refund of federal student aid funds, any student who withdraws from the Divinity School for any reason during the first 60percentt of the term will be subject to a pro rata schedule that will be used to determine the amount of Title IV funds a student has earned at the time of withdrawal.

Yale University

Toilets in national parks are overflowing without anyone to clean them, the food stamp program will soon be at risk of running out of funds, tax refunds may go unpaid, and some civil courts could have to stop functioning as they run out of money.

Vice

In Pictures: 12 Tax Refund Buys The second-largest source of funds for the IRS, accounting for nearly 40% of total revenues, is the payroll tax.

Forbes

Expert writing Tips

Best practice

When discussing financial transactions, use "refund of funds" to clearly indicate that previously paid money is being returned. Be mindful of the context to avoid redundancy; sometimes "refund" alone is sufficient.

Common error

Avoid using "refund of funds" when "refund" alone conveys the meaning adequately. In many cases, the term "funds" is implicit in the concept of a refund, so specifying it can be seen as repetitive.

Linguistic Context

The phrase "refund of funds" primarily functions as a noun phrase, where "refund" is the head noun and "of funds" acts as a prepositional phrase modifying it. Ludwig AI confirms that the phrase is usable in written English.

Expression frequency: Missing

Frequent in

Academia

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Less common in

Formal & Business

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Ludwig's WRAP-UP

The phrase "refund of funds" is a grammatically correct and usable English phrase. While it explicitly refers to the return of money, it's crucial to consider context to avoid redundancy, as "refund" alone often suffices. As confirmed by Ludwig AI, it finds applications in academic, news, and financial contexts. Alternatives such as "return of funds" or "reimbursement of funds" can be considered for variety, but the primary goal is clarity and conciseness in conveying the return of financial resources.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

return of funds

Replaces "refund" with "return", maintaining the same core meaning but with a slightly different emphasis.

return of payment

Specifies that it is the payment itself being returned, rather than just funds in general.

reimbursement of funds

Substitutes "refund" with "reimbursement", suggesting a more formal or official repayment.

repayment of funds

Emphasizes the act of paying back the money, highlighting the obligation to return it.

funds returned

Changes the structure to a passive voice emphasizing the funds being the object of action.

funds reimbursed

Passive version with "reimbursed" replacing "refunded", same meaning as the original.

return of capital

Focuses specifically on the return of invested capital, narrowing the scope.

financial restitution

Implies a restoration of funds that were wrongly taken or lost, adding a legal or ethical dimension.

monetary compensation

Uses a broader term to refer to financial compensation, which could include a refund.

cashback

Informal, but synonymous in some contexts, especially in retail.

FAQs

How can I use "refund of funds" in a sentence?

You can use "refund of funds" in sentences like: "Due to the event cancellation, a "refund of funds" will be issued to all ticket holders", or "The university provides a "refund of funds" for students who withdraw before the deadline."

What's a more concise way to say "refund of funds"?

Often, simply using "refund" is sufficient. For example, instead of "We are processing a "refund of funds"", you can say "We are processing a refund."

What's the difference between "refund of funds" and "return of funds"?

While both phrases indicate money being returned, ""refund of funds"" typically implies a repayment due to a canceled service or overpayment. "return of funds" is a more general term for money being given back for any reason.

Is "refund of funds" formal or informal?

"Refund of funds" is generally considered a neutral to formal term, suitable for business, academic, and official contexts. In casual conversation, "refund" alone is usually preferred.