rebate verb Meaning in Cambridge Business English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of "rebate" - Business English Dictionary

rebate

verb [T]
 
 
/ˈriːbeɪt/
COMMERCE to pay back an amount of money to customers after they have bought something: Buying your pension through an independent adviser who can rebate all commission will keep charges down. Issuers charging an annual fee will normally rebate part of it either to the cardholder or direct to a nominated charity.
ACCOUNTING, FINANCE, TAX to pay back an amount of money to someone after they have paid too much: All overpayments must be rebated to taxpayers.
(Definition of rebate verb 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
sprint

a short and very fast race, such as the 100 metres, or the last part of a longer race that is run as fast as possible

Word of the Day

Are you a glass-half-full person? (Everyday Idioms)
Are you a glass-half-full person? (Everyday Idioms)
by Kate Woodford,
July 29, 2015
A reader of this blog recently asked for a post on idioms that are used in everyday English. This seemed like a reasonable request. After all, if you are going to make the effort to learn a set of English idioms, you want those idioms to be useful. The question, then, was

Read More 

exoskeleton noun
exoskeleton noun
July 27, 2015
a robotic device which goes around the legs and part of the body of a person who cannot walk and allows them to move independently and in an upright position The device, known as an exoskeleton, is strapped to the outside of a person’s limbs and can then be controlled by them.

Read More