Refund Policy
/ˈrɛfʌnd ˈpɑːlɪsi/
Definitions
- (n.) A legal or contractual provision outlining the terms under which a purchaser may return goods or cancel services and receive their money back.
The refund policy requires customers to request a refund within 30 days of purchase.
Forms
- refund policy
- refund policies
Related terms
See also
Commentary
Refund policies often vary by jurisdiction and can be subject to consumer protection laws, so precise drafting is important to ensure enforceability.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.