The specific meaning of "return": does this word mean that it can be returned, exchanged or only returned?

Refund means to return for something else, which is different from returning goods or exchanging goods. Return or exchange means return or exchange. Circular 20 1 1

1. The return time is changed to within 30 days 100%, and 60% after 30 days.

2. The return price shall be returned according to the lowest of the wholesale price of the merchant and the current price of the goods.

3. Inform the customer service staff within 24 hours after the goods with quality problems are signed, and help with the inspection. If the goods are genuine, they will be returned, and the merchant will pay the postage in advance. After receiving the goods, the system will automatically return the paid fees to the balance of the merchant account.

Details are as follows:

1. Time period: from the time when the goods are sent to the time when the merchants sign for them, subject to the date of return.

The specific meaning of 2.6% discount exchange is that within 30 days and 60 days after the merchant receives the goods, all the goods to be returned will be exchanged at a discount of 60% of the existing wholesale price of the goods, and only the return will not be compensated.