Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “rebate”

rebate

noun [C]
 
 
/ˈriːbeɪt/
ACCOUNTING, FINANCE, TAX an amount of money that is paid back to you after you have paid too much: She thinks she is due a tax rebate. Any homeowner who has had a devaluation in their property is eligible for a rebate.apply/qualify for a rebate A good number of senior citizens across the state have still not applied for their rebates.get/receive a rebate If you do not currently receive a rebate and are on a low income, please apply to the council now.
COMMERCE an amount of money that a manufacturer or store pays back to customers when they buy something: Carmakers are still using special incentives - such as rebates and cut-rate financing - to sell their vehicles. Consumers who were putting off buying a new car have been lured into dealerships by big cash rebates, analysts said. a rebate program/schemea rebate of £583/$212/20%, etc. Rebates of $100 are available for businesses who replace old air conditioners with new, energy-efficient models.offer/carry a rebate We are offering consumers rebates ranging from $75 to $125 to buy new dishwashers or refrigerators.a rebate on sth Rebates are available on all computer purchases. → Compare discount noun
(Definition of rebate noun from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of rebate?
Add Cambridge dictionaries to your browser to your website

More Business English definitions for “rebate”

Definitions of “rebate” in other dictionaries

Word of the Day

roost

When birds roost, they go somewhere to rest or sleep.

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More