refundability

English

Etymology

refund +‎ -ability

Noun

refundability (uncountable)

  1. The quality of being refundable.
    • 2007 June 10, Christine Larson, “As ‘Continuing Care’ Grows, So Do the Payment Options”, in New York Times‎:
      Like most of Kendal’s nine other retirement communities, Kendal at Oberlin now offers two different Type A contracts and one Type B contract, with three levels of refundability for each.
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