rebate

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Rebate

Discount; diminution of interest on capital lent in consideration of prompt repayment thereof; reduction of a stipulated charge that is not credited in advance but is returned subsequent to payment in full.

A tax rebate is a sum of money refunded to a taxpayer after full payment of the tax has been made.

rebate

1) n. a discount or deduction on sales price. A secret rebate given by a subcontractor to a contractor in return for getting the job is illegal, since it cheats the person hiring the contractor. 2) v. to give a discount or deduction.

rebate

noun allowance, cut, decrease, deduction, diminution, discount, lessening of price, markdown, refund, reimbursement, repayment

rebate

verb allow, allow as a discount, cut, deduct, diminish, discount, give back, lessen, make allowance, mark down, offer a discount, pare, pay back, reduce, reimburse, render, repay, replace, restore, return, slash, strike off, subtract, take off
See also: discount, reduce, refund, reimburse, reimbursement, repay, restitution

REBATE, mer. law. Discount; the abatement of interest in consequence of prompt payment. Merch. Dict. h.t.

References in periodicals archive ?
com currently has over 10,000 rebates in their system.
Similarly, only 40% of those making $90,000 or more a year report receiving a tax rebate since the rebates begin phasing out once an individual's annual income exceeds $75,000 or a couple's exceeds $150,000.
Simply complete the rebate form and attach proof of your chapter membership.
In the past few years, consumer complaints about rebates have become more vocal--or at least more visible.
Since the Newhall County Water District began offering the rebate six months ago, fewer than 30 of its 9,500 customers have chosen to participate.
Economically, rebates are an enticing marketing tool for retailers and manufacturers.
As an inducement to provide rebates, Maine Rx will publicly identify manufacturers and will impose prior authorization in its Medicaid program for the drugs of manufacturers refusing to participate.
This cost is in addition to the service calls on the dishwashers in managed properties and the rebates to customers who bought new appliances under the original recall.
If you're a vendor or manufacturer who pushes channel rebates for your product launches, you're also an addict and probably heading for a bleak fate, too.
A new Windows rebate tracking software solution has been made available in the form of Rebate
Updating of air-conditioning systems is an energy-saving opportunity that is covered by many utility rebate programs.
To be an effective sales incentive, the economic benefit of a rebate must accrue to a customer outside of the consolidated group.