Definition of "refundable" []

• Able to be refunded or swapped in case of customer dissatisfaction, loss, breakage etc. (adjective)

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• "Stall-holders have been known to share some stalls with other groups due to extortionate Eisteddfod rates, but if this is the case here, how come it's refundable from the taxpayer?"
• "A tax credit reduces any tax you owe dollar for dollar, and some credits are even "refundable"--meaning you can get money back even if you didn't pay any taxes."
• "That's why the industry has been asking for Congress to make the PTC "refundable" -- payable even to firms without any tax liability."