refund (v.) Look up refund at Dictionary.com
"to give back, restore," early 15c. (earlier "to pour back," late 14c.), from Old French refunder "restore," from Latin refundere "give back, restore," literally "pour back," from re- "back" (see re-) + fundere "to pour" (see found (2)). Specifically of money from 1550s. Related: Refunded; refunding.
refund (n.) Look up refund at Dictionary.com
1782, from refund (v.).