Entry 4 senses · 2 variants Webster, 1913 Refund /(r?*f?nd")/ · Re·fund · IPA /ɹɪˈfʌnd/ v. t. v. t. 01 v. t. To fund again or anew; to replace (a fund or loan) by a new fund; as, to refund a railroad loan. 1. To fund again or anew; to replace (a fund or loan) by a new fund; as, to refund a railroad loan. 02 v. t. To pour back. 1. To pour back.[R. & Obs.] “Were the humors of the eye tinctured with any color, they would refund that color upon the object.” — Ray. 2. To give back; to repay; to restore. “A governor, that had pillaged the people, was . . . sentenced to refund what he had wrongfully taken.” — L'Estrange. 3. To supply again with funds; to reimburse.[Obs.]