round trip /ˈɹaʊn(d).tɹɪp/ noun5 •A trip from one destination to another and then returning to the starting location.Margaret purchased a single round trip ticket to and from Chicago, as it was cheaper than buying two one-way tickets. •In an oil-drilling operation, the raising, disassembly and replacement of the drilling equipment. •The export and eventual reimport of a file, data, etc. without loss of fidelity. •A form of barter that involves the sale of an unused asset and the purchase of the same asset back again, or a similar one, typically used in accounting fraud. •The investment of a borrowed overdraft in order to make a profit in the same market. formsround trips · round-trips