Concept in Definition ABC

The refund concept has several uses in our language.

Full restitution of something

We can use it to account for the full restitution of something, for example a debt owed to someone. The reimbursement consists in this case of returning to the person with whom the debt is owed the total amount owed.

Refunds in private medicine

Also the concept of reimbursement in this sense is used a lot in the field of medicine private to refer to the return that the prepaid medicine company makes to your client when he attends the consultation with a doctor who is not among his providers. That is to say, the medicine companies that work with these systems what they do is give back to their client the amount that he had to pay the doctor who visited and who is not part of the staff of professionals of the company.

Of course, the invoice for the professional in which the fee paid is indicated. Without the corresponding presentation the client will not be able to obtain the refund.

Return to practicing an activity

On the other hand, we use the word reimbursement to express that someone has returned to carry out an activity that he did and that at a certain moment he interrupted for some reason. "I go back to football matches every Tuesday with my co-workers."

However, reinstatement can be made in any area or situation... reinstatement to a job after requesting a license for disease, the return to class after a trip, the return to a comfortable economic life.

In taxes and commerce, refunds also work

Also, in the area of ​​taxes it is usual for the treasury to require the taxpayer to pay in advance a certain amount as a tax and after a while and by virtue of the compliance Under some conditions, the Treasury will reimburse the taxpayer for part of that money that was disbursed.

And in the field of the sale of products and services, the figure of the refund that will appear when a person acquires a product or good and it presents a fault, then, the company, if the client does not want the change, must refund the money paid at the time for the same.

On the other hand, there are many companies that offer their consumers or potential clients the return of the amount of a product that they sell if it does not satisfy them or if they find a better value in the market.