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Definition of “rebate” - English Dictionary

"rebate" in American English

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rebatenoun [C]

 us   /ˈri·beɪt/
money that is ​returned to you after you ​pay for ​goods or ​services, done in ​order to make the ​sale more ​attractive: Chrysler ​announcedcash rebates of $1000 on some ​trucks.
(Definition of rebate from the Cambridge Academic Content Dictionary © Cambridge University Press)







(Definition of rebate from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)

"rebate" in Business English

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rebatenoun [C]

uk   us   /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 ​seniorcitizens 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 ​lowincome, please ​apply to the ​council now.
COMMERCE an ​amount of ​money that a ​manufacturer or ​storepays back to ​customers when they ​buy something: Carmakers are still using ​specialincentives - such as rebates and ​cut-ratefinancing - 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-efficientmodels.offer/carry a rebate We are ​offeringconsumers rebates ​ranging from $75 to $125 to ​buy new dishwashers or refrigerators.a rebate on sth Rebates are ​available on all ​computerpurchases.

rebateverb [T]

uk   us   /ˈriːbeɪt/
COMMERCE to ​pay back an ​amount of ​money to ​customers after they have ​bought something: Buying your ​pension through an ​independentadviser who can rebate all ​commission will ​keepcharges down. Issuers ​charging an ​annualfee will ​normally rebate ​part of it either to the ​cardholder or ​direct to a ​nominatedcharity.
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 from the Cambridge Business English Dictionary © Cambridge University Press)
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“rebate” in Business English

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