what is refundable ????
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If an amount of money is refundable, it can be given back to the person who paid it, for example because they needhe or she needs to change theirhis or her plans: Tickets are not refundable. The charge includes a refundable security deposit.
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Refundable - anything you get back even if you had paid for it. The person may be giving the full amount or a part of amount.
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