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what is meaning of refurbished office?
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Under normal circumstances, when something is described as "refurbished", it means that it's something that has been returned to the vendor and restored to "as new" prior to being resold again, something you would commonly see in terms of computer systems or peripherals like printers, phones etc
Have no idea what a "refurbished software package" means (as in "refurbished Office" but in general should mean that it's something that was opened and returned by the customer. Whether the key associated with the product is still valid now (and in the future) is an interesting question.
Personally not something I would risk but that's just a personal opinion and not a statement about <Impkey>