Distances and Travel Times: Munich to Venice. It is appropriately 190.5 miles between Munich and Venice as the crow flies (306.5 kilometers). It should take you about 5 1/2 hours to drive between the two cities. This assumes you'll use the faster toll roads, free in Germany but expensive in Italy. Also, the direct route passes through Austria, and to drive on the Autobahn in Austria you'll need a windshield sticker called a Vignette.
Definition of refund. 1  transitive verb. 2  1 : to give or put back. 3  2 : to return (money) in restitution, repayment, or balancing of accounts.
A deferred annuity is used primarily by a person who does not want to receive payments until he or she is in a lower tax bracket, such as upon retirement. A refund annuity, sometimes called a cash refund annuity, is a policy that promises to pay a set amount annually during the annuitant's life.