: not subject to refunding or being refunded a nonrefundable bond a nonrefundable fee.

What is the definition of a non-refundable deposit?

While a deposit is, by definition, is refundable, the term non-refundable deposit is typically referring to a surcharge or fee on top of the initial security deposit. ... The term non-refundable deposit or deposit should not be used for any fees or costs charged to the tenant that the tenant will not be refunded.

What does refundable mean?

(rɪfʌndəbəl ) adjective. A refundable payment will be paid back to you in certain circumstances. A refundable deposit is payable on arrival.