The most common type of refund is the

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Single-purchase refunds are the most common type of refund, where a customer gets a refund for a single purchase that they made. Other types of refunds listed are less common, such as premium refunds, which are typically associated with insurance policies, and slippage refunds, which are more commonly used in financial markets. Multiple-purchase refunds and buy one, get a dollar back deals are types of promotions rather than standard refund policies.

The Most Common Type of Refund Is the