C1
payback vs refund
The difference
| Word | Meaning | Goes with | Example |
|---|---|---|---|
| paybacknoun/ˈpeɪ.bæk/ | Meaning a return of money spent, or something bad done to someone in return for a harm | Goes with payback period | Example The solar panels have a payback period of about eight years. |
| refundnoun/ˈriː.fʌnd/ | Meaning money that is given back to you, for example when you return something you bought | Goes with full refund | Example The shoes were too small, so I took them back and asked for a refund. |
Which word fits?
1 of 8Pick the word for the gap. Its form may change in the sentence.
Always read the policy before you buy online.