Definition

A detailed list of all the fees for services provided. It lets you review each charge on your bill individually.

What to consider

  • Confirm the refund amount matches your overpayment.
  • Deposit the check promptly.
  • Keep records of all refund communications.

Real world scenarios

  • After an overpayment, Sarah received a refund check in the mail for the excess amount.
  • John’s bank deposited a refund check following the adjustment of his bill.
  • Linda received a refund check after her insurance reprocessed a claim.

Related terms

Healthcare