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
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'
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.'
