Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

  

English definition of “tax rebate”

tax rebate

noun [C]     TAX, FINANCE
an amount of money that is paid back to you if you have paid too much tax : More than 2 million taxpayers will receive checks totaling $1 billion because of the federal tax rebate program .
a reduction in the amount of tax that has to be paid on something: They are negotiating a property tax rebate for elderly home-owners.
(Definition of tax rebate noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of tax rebate

Word of the Day

prenuptial agreement

an official document signed by two people before they get married that says what will happen to their possessions and/or children if they divorce (= officially stop being married)

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