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refund credit

Credit due a traveler or corporation for an airline ticket or portion of a ticket that was not used and returned to the issuing office after it was generated. A cancellation can be considered a void if a ticket was issued and returned within the same day as issued.

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  • Part of Speech: noun
  • Synonym(s):
  • Blossary:
  • Industry/Domain: Aviation
  • Category: Airport
  • Company:
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  • Acronym-Abbreviation:
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