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Meaning of “cashback” in the English Dictionary

"cashback" in Business English

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cashbacknoun [U]

(also cash-back) uk   us   /ˈkæʃbæk/ UK
MARKETING, COMMERCE an amount of money someone receives when they buy something, offered by the company selling the product as a way of persuading people to buy it: The mortgage deal includes £250 cashback.
BANKING, COMMERCE a way of getting cash from a supermarket instead of going to a bank. You pay for the cash and your goods using a debit card (= a bank card where the money is taken from your account immediately): I'd like £50 cashback please.
(Definition of cashback from the Cambridge Business English Dictionary © Cambridge University Press)
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“cashback” in British English

“cashback” in Business English

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