rebate

[ˈriːbeɪt]

rebate Definition

  • 1a partial refund to someone who has paid too much money for tax, rent, or a utility
  • 2a discount or reduction in the price of something

Using rebate: Examples

Take a moment to familiarize yourself with how "rebate" can be used in various situations through the following examples!

  • Example

    The company offered a rebate on all purchases made before the end of the month.

  • Example

    I received a rebate on my income tax.

  • Example

    The landlord gave us a rebate on our rent because of the leaky faucet.

  • Example

    The store is offering a $50 rebate on this product.

rebate Synonyms and Antonyms

Antonyms for rebate

Phrases with rebate

  • mail-in rebate

    a type of rebate where the customer must mail in a form and proof of purchase to receive the discount

    Example

    The store is offering a $100 mail-in rebate on this product.

  • a type of rebate where the customer receives cash back instead of a discount on a future purchase

    Example

    The car dealership is offering a $500 cash rebate on this vehicle.

  • a system of offering rebates to customers as a way of promoting sales or encouraging certain behaviors

    Example

    The government has implemented a rebate program to encourage homeowners to install solar panels.

Origins of rebate

from Old French 'rebate', meaning 'a deduction or discount'

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Summary: rebate in Brief

The term 'rebate' [ˈriːbeɪt] refers to a partial refund given to someone who has paid too much money for tax, rent, or a utility, or a discount or reduction in the price of something. It can be in the form of a mail-in rebate, cash rebate, or part of a rebate program. Examples include 'The company offered a rebate on all purchases made before the end of the month.' and 'The store is offering a $50 rebate on this product.'