Rebate
/ˈriː.beɪt/
Rebate is a partial refund or cash back given after a purchase.
Examples
- She is rebating the tax credit this year.
- They offer cash rebates on energy‑efficient appliances.
- The store rebated $50 to customers who bought the new model.
- He will rebate the fee once the contract is signed.
- The company rebated the purchase price after the warranty period.
Meanings