rebate

¹ American  

[ree-beyt, ree-beyt, ri-beyt] / ˈri beɪt, ˈri beɪt, rɪˈbeɪt /

noun

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

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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 American  

[ree-beyt, rab-it] / ˈri beɪt, ˈræb ɪt /

noun

rebated, rebating

1. rabbet.

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rebate ¹ British  

/ ˈræbɪt, ˈriːbeɪt /

noun

1. another word for rabbet

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rebate ² British  

noun

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

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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 Cultural  

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.

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Other Word Forms

• rebatable adjective
• rebateable adjective
• rebater noun

Etymology

Origin of rebate

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 )

Example Sentences

“If it fits your lifestyle, it makes sense all day long just because of the rebates that are out there.”

From The Wall Street Journal

Meanwhile, the government's action plan will also see local authorities given a rebate on any land fill tax if they clear up dumps in their areas.

From BBC

“Rising working capital intensity at Lilly, headline price pressures, and rebate dynamics at both companies indicates to us that the pricing dynamics are likely to get worse,” the analyst wrote.

From Barron's

Pitting dealers against each other forces them to cut into their own margins to win business, rather than simply passing along standard rebates funded by automakers.

From The Wall Street Journal

He added that some credit cards offer discounts or rebates on gas purchases.

From Barron's

Related Words

• abatement
• allowance
• bonus
• deduction
• discount
• kickback
• reduction
• reimbursement
• repayment