Definitions and Examples of discount, rebate, refund
Learn when and how to use these words with these examples!
A deduction from the full amount of a price or debt, given as a reduction or allowance.
Example
The store offered a 20% discount on all items during the holiday season.
A partial refund of the original price of a product or service.
Example
The company offered a $50 rebate for customers who purchased their new product.
The return of money paid for a product or service that did not meet expectations or was not received.
Example
The airline issued a full refund to passengers whose flight was cancelled due to bad weather.
Key Differences: discount vs rebate vs refund
- 1Discount is a reduction in the original price of a product or service.
- 2Rebate is a partial refund of the original price of a product or service.
- 3Refund is the return of money paid for a product or service that did not meet expectations or was not received.
Effective Usage of discount, rebate, refund
- 1Shopping: Use discount and rebate to save money on purchases.
- 2Customer Service: Use refund to request a return of money for unsatisfactory products or services.
- 3Business: Use discount and rebate to attract customers and increase sales.
Remember this!
The antonyms of surcharge are discount, rebate, and refund. Use discount and rebate to save money on purchases or attract customers, and use refund to request a return of money for unsatisfactory products or services.
