rebate
//ˈriːbeɪt//
Noun
rebateSingular
rebatesPlural
1
A partial refund of money paid for goods or services, typically given as a promotional incentive or after a purchase.
I received a $50 rebate after buying the new appliance.
2
A deduction or discount from an amount to be paid or a return of part of an amount already paid.
Customers can receive a rebate of $50 when they purchase this appliance.
Verb
rebateInfinitive
rebatePresent tense
rebatedPast tense
rebatedPast participle
rebatingPresent participle
rebatesThird-person singular
1
To pay back part of an amount paid, or to deduct from a payment or bill.
The company will rebate 10% of the purchase price to customers who pay in advance.
2
To reduce or diminish something, especially a sum of money.
The company rebated the shipping costs from the total bill.