👉 Refundment is a legal process in which a customer returns goods or services they purchased from an online retailer, and the retailer issues a refund to the customer. This typically involves the customer paying back the amount of money that was originally paid for the item, usually within a certain time frame (usually 30 days). The refund can be made through various methods, such as returning the goods to the retailer, sending them back to the manufacturer or supplier, or applying for a refund at an online