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- Dictionaryre·bate
noun
- 1. a partial refund to someone who has paid too much money for tax, rent, or a utility: "the scheme eases the move to the council tax by giving rebates in the first year"
verb
- 1. pay back (such a sum of money): "the government rebates part of your own and your employer's National Insurance contributions into the plan"
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The meaning of REBATE is to reduce the force or activity of : diminish. How to use rebate in a sentence.
REBATE definition: 1. an amount of money that is returned to you, especially by the government, for example when you…. Learn more.
A rebate is a partial refund of the cost of an item. It acts as an incentive to help sell the product. If your new cell phone came with a rebate, you'll get a check in the mail for a certain amount of the cost.
Jun 3, 2024 · A rebate is a credit paid to a buyer of a portion of the amount paid for a product or service. In a short sale, a rebate is a fee that the borrower of stock pays...
Rebate definition: a return of part of the original payment for some service or merchandise; partial refund.. See examples of REBATE used in a sentence.
n. A deduction from an amount to be paid or a return of part of an amount given in payment. tr.v. (rē′bāt′, rĭ-bāt′) re·bat·ed, re·bat·ing, re·bates. 1. To deduct or return (an amount) from a payment or bill. 2. To lessen; diminish.
A rebate is an amount of money which is paid to you when you have paid more tax, rent, or rates than you needed to.
