rebate

noun
UK: /ˈriːbeɪt/
US: /ˈriːbeɪt/

  1. An amount of money that is paid back to you after you have paid the full price for something.

    1. I got a rebate on my new car
    2. The company offered a substantial rebate to encourage early adoption of the product.

  2. A reduction in the price of something.

    1. They offer a rebate of 10% for students.
    2. The government introduced a tax rebate to stimulate the economy during the recession.

Synonyms

discount refund allowance deduction
rebate verb

  1. To pay back part of an amount that someone has already paid.

    1. The store will rebate part of the cost.
    2. The manufacturer agreed to rebate customers who experienced problems with the device.

  2. To give a reduction in price.

    1. The company will rebate the price after approval.
    2. The supplier decided to rebate a portion of the invoice due to the delayed delivery.

Frequently Asked Questions

The word "rebate" in English means: An amount of money that is paid back to you after you have paid the full price for something., A reduction in the price of something..

The phonetic transcription of "rebate" is /ˈriːbeɪt/ in British English and /ˈriːbeɪt/ in American English. Click the 🔊 button to hear both pronunciations.

Synonyms for "rebate": discount, refund, allowance, deduction.

Example usage of "rebate": "I got a rebate on my new car". More examples on the page.