refundability

/rɪˌfʌndəˈbɪləti/
noun
  1. The quality or condition of being able to get a refund for a product or service.
    • The refundability of the hotel booking depends on the cancellation policy.
    • Check the refundability of the ticket before you buy it.
    • Many customers consider refundability an important factor when shopping online.
What does "refundability" mean? | whatsthatwordmean | whatsthatwordmean