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

Heating payments to social welfare recipients will be extended for four weeks, and there will be enhancements to a rebate programme for hauliers.

From BBC

I now want to close the account, but the company won’t allow me to do so because I have an active $5 rebate that was added years ago.

From MarketWatch

That costs travelers $209 annually, though many travel credit cards offer statement credits, which work like rebates, for the cost.

From The Wall Street Journal

The agency’s litigation has targeted the PBM business practice of collecting rebates on pharmaceuticals when PBMs agree to cover a drug and make it available to members of a health insurance plan.

From Barron's

A diesel rebate scheme for hauliers and bus operators is also expected, which will be backdated.

From BBC

Related Words

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