refundability
nounEtymology From refund + -ability.
1
The quality of being refundable.
- Like most of Kendal’s nine other retirement communities, Kendal at Oberlin now offers two different Type A contracts and one Type B contract, with three levels of refundability for each.2007 June 10, Christine Larson, “As ‘Continuing Care’ Grows, So Do the Payment Options”, in New York Times: