defund, refund, repurchase, buyback, repay

 Amid Talk of White House Run, Texas Senator Targets Obama's Health Plan

By ASHLEY PARKER and JONATHAN MARTIN

A day after forfeiting his dual Canadian citizenship, Senator Ted Cruz held a rally to gin up support for his effort to defund President Obama's health care overhaul.

IBM Sells Unit, Expands Buyback

IBM agreed to sell a unit that resells design software and said its board authorized another $5 billion to use for stock repurchases.

IBM boosted its quarterly dividend 10% and set aside $3 billion for additional stock repurchases, but an executive said it still has the capability for an acquisition.

The company also authorized an additional $3 billion in share buybacks.


Mr. Peck said the vast majority of Art Capital’s customers repaid their loans and were satisfied with the company’s services.


Microsoft Approves Buybacks
Microsoft's board approved a stock buyback of $40 billion and an 18% increase in the company's quarterly dividend. H-P also is boosting share repurchases.

Kodak Gets Refund, Plans
$1 Billion Share Buyback

Kodak received a $581 million windfall from the IRS and said it will use the refund to fund a stock buyback.

Definition

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repay Show phonetics
verb [T] repaid, repaid
to pay back or to reward someone or something:
He had to sell his car to repay the bank loan.
She repaid the loan to her mother.
[+ two objects] She repaid her mother the loan.
How can I ever repay you for all your kindness?

repayable Show phonetics
adjective
The loan is repayable (= must be repaid) over six months.

repayment Show phonetics
noun [C or U]
when you repay someone or something:
mortgage repayments
The bank demanded immediate repayment.

refund

(rĭ-fŭnd', rē'fŭnd')

v., -fund·ed, -fund·ing, -funds. v.tr.
To give back, especially money; return or repay: refunded the purchase price.
v.intr.
To make repayment.
n. (rē'fŭnd')

1. A repayment of funds.
2. An amount repaid.

[Middle English refunden, from Old French refunder, from Latin refundere : re-, re- + fundere, to pour.]

defund

Pronunciation: /diːˈfʌnd/

verb

[with object] US

prevent from continuing to receive funds:the California Legislature has defunded the Industrial Welfare Commission