rebate

¹

[ree-beyt, ree-beyt, ri-beyt]

noun

1. a return of part of the original payment for some service or merchandise; partial refund.

verb (used with object)

rebated, rebating 

1. to allow as a discount.

2. to deduct (a certain amount), as from a total.

3. to return (part of an original payment).

   He rebated five dollars to me.

4. to provide a rebate for (merchandise) after purchase.

   The manufacturer is rebating this air conditioner.

5. to blunt (an edged or pointed weapon).

6. to cover the edge or point of (an edged or pointed weapon) in order to make it incapable of cutting or piercing.

verb (used without object)

rebated, rebating 

1. to allow rebates, especially as the policy or practice of a company, store, etc.

rebate

²

[ree-beyt, rab-it]

noun

rebated, rebating 

1. rabbet.

rebate

¹

noun

1. a refund of a fraction of the amount payable or paid, as for goods purchased in quantity; discount

verb

1. to deduct (a part) of a payment from (the total)

2. archaic,  to reduce or diminish (something or the effectiveness of something)

rebate

²

/ ˈræbɪt, ˈriːbeɪt /

noun

1. another word for rabbet

rebate

1. The return of part of a payment for a good. Unlike a discount, which is deducted from the price before purchase, a rebate is returned after purchase.

Other Word Forms

• rebatable adjective
• rebateable adjective
• rebater noun

Word History and Origins

Origin of rebate¹

First recorded in 1400–50; late Middle English rebaten (verb), from Old French rabatre “to beat, put down,” from re- re- + (a)batre “to beat” ( abate )

Word History and Origins

Origin of rebate¹

C15: from Old French rabattre to beat down, hence reduce, deduct, from _re- + abatre to put down; see _abate

Example Sentences

Across all brand-name drugs purchased by Medicaid nationally, rebates reduced Medicaid spending by more than 60% in 2020, according to federal data.

Read more on Wall Street Journal

Be aware, though: State rebates and subsidies can sometimes reduce the amount of the federal tax credit.

Read more on Wall Street Journal

Some residents question plans for the utility to issue rebates to xAI for building the new power structures it needs.

Read more on Wall Street Journal

If the U.S. pushes ahead with distributing a wider rebate for U.S. households, that would also likely rattle investors.

Read more on Barron's

It has also made £9bn worth of spending commitments on policies including a £5,000 tax rebate for young people and abolishing business rates for High Street shops.

Read more on BBC

Related Words

• abatement 
• allowance 
• bonus 
• deduction 
• discount 
• kickback 
• reduction 
• reimbursement 
• repayment www.thesaurus.com