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

Drug companies sell most of their medicines through a web of middlemen—wholesalers, pharmacy-benefit managers, and insurers—that use inflated list prices and rebate schemes.

From The Wall Street Journal

Falling EU chemicals capacity will constrain supply, while China’s move to cut tax rebates for the country’s chemicals sector will encourage EU exports, they say.

From The Wall Street Journal

The pilot program differed from past state rebates and tax credits for electric cars in that applicants didn’t have to first purchase an e-bike to get the incentive.

From Los Angeles Times

Insurers and employers often pay a lower net price for medicines because of rebates and discounts.

From The Wall Street Journal

Boulder’s winning proposal includes $34 million in financial incentives over 10 years for the festival, comprising tax rebates, subsidized public transportation, security and marketing.

From The Wall Street Journal

Related Words

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