Rebate


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Related to Rebate: Tax rebate

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

References in periodicals archive ?
Under a (http://ncoil.org/wp-content/uploads/2019/06/NJ-Rebate-Bulletin.pdf) 2011 bulletin issued by then-New Jersey Insurance Commissioner Tom Considine, now NCOIL's CEO, the state clarified that it considered gym membership discounts and wellness programs, claims-filing assistance, administration of certain tax-advantaged health arrangements, risk management services and certain product audits to be among the services it did not consider impermissible rebates. There was general consensus among committee members that these constituted commonsense examples of what should be allowed if the regulations were updated.
He said rebates will be credited to customers and can be used for payment of future monthly bills until the rebate amount is used up.
Rebates can be used to pay for future monthly bills until the amount is used up.
The administration, with its recently announced rebate reform proposal, would not only lower out-of-pocket costs for beneficiaries, but would also fundamentally alter the rebate system by preventing middlemen from utilizing rebates for their own benefit.
Applicants replacing buses with engine model years of 2006 and older will receive rebates between $15,000 and $20,000, depending on the size of the bus.
Manufacturers return a portion of the list price of high-cost brand-name drugs in the form of rebates to incentivize PBMs and health insurers to administer their products and to help reduce plan participant premiums.
To find out if you could qualify for a tax rebate visit free online tax rebate calculator www.brianalfred.co.uk/calculator
Che Ruzima said the applicant had argued that consumers do not get to enjoy the 2.5 per cent rebate as the amount is a channelled into their deposit.
EPUD provided $150,000 in rebates and other incentives after last winter's ice storm.
According to Adam Jepsen, the founder of Financial Spreads, the Trader Rebate programme has been designed to be simple and user-friendly so that investors can concentrate on their trading rather than the rebate.
Public Utilities Commission decided in July to suspend the Residential Solar and Wind and the Commercial and Industrial Solar rebate programs, due to funding concerns, said Amanda Noonan, the commission's director of consumer services and external affairs.
Callers are contacting people stating that they are eligible for a general tax or council tax rebate.