cashback

/ ˈkæʃˌbæk /

noun

1. 1. a discount offered in return for immediate payment

   2. ( as modifier )

      cashback price £519.99 — save £30!

2. 1. a service provided by some supermarkets in which customers paying by debit card can draw cash

   2. the cash so drawn

Example Sentences

While this money is not directly funnelled back to the police, it can be used for the government's CashBack for Communities programme, which provides free activities and programmes for young people – including those at risk of offending or reoffending.

From BBC

Mr Naylor said that the CashBack for Communities scheme was "very effective" and that rather than diverting funds away from the programme, channelling more proceeds of crime cash directly to police could ultimately increase its funding.

From BBC

"I'm looking for this sort of win-win situation where they recover more at the same time as getting more money back into Cashback for Communities," he said.

From BBC

Constance added that since 2008 more than £156m of "ill-gotten gains" had been distributed through the CashBack for Communities scheme, supporting 1.4m young people.

From BBC

During the case where he was convicted of fraud, Peter Hunter alleged that GetMeIn! - another Ticketmaster-owned company - offered him "incentives" for selling in bulk, such as £4,000 cashback if he hit sales of £550,000 over a three-month period.

From BBC