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Restocking Fee

A charge deducted from customer refunds to cover the cost of processing and inspecting returned items.

A restocking fee is a percentage of the product price (typically 10-20%) retained by the merchant when processing returns. Fees offset the cost of inspection, cleaning, repackaging, and returning items to inventory. Many merchants waive restocking fees for defective items or first-time returns. Clearly disclosing restocking fees in return policies prevents customer disputes.

Related terms

  • Return Policy — The documented rules governing whether and how customers can return products for refunds or exchanges.
  • Refund Rate — The percentage of revenue returned to customers through refunds within a given period.
  • Return Fraud — Deceptive return practices where customers exploit return policies for financial gain without legitimate cause.
  • Customer Satisfaction Score — A metric measuring how satisfied customers are with their purchase and return experience.

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