AskDefine | Define rebate

Dictionary Definition

rebate

Noun

1 a refund of some fraction of the amount paid [syn: discount]
2 a rectangular groove made to hold two pieces together [syn: rabbet]

Verb

1 give a reduction in the price during a sale; "The store is rebating refrigerators this week"
2 cut a rebate in (timber or stone)
3 join with a rebate; "rebate the pieces of timber and stone"

User Contributed Dictionary

English

Pronunciation

\Re*bate"\

Noun

  1. A deduction from an amount to be paid; an abatement
  2. The return of part of an amount already paid
  3. A rectangular groove made to hold two pieces (of wood etc) together; a rabbet

Translations

A deduction from an amount to be paid; an abatement
The return of part of an amount already paid
a rabbet

Verb

  1. To deduct or return an amount from a bill or payment
  2. To diminish or lessen something
  3. To cut a rebate (or rabbet) in something

Translations

To deduct or return an amount from a bill or payment
To diminish or lessen something
To cut a rebate (or rabbet) in something

Extensive Definition

Rebate may refer to:
  • Rebate (marketing), a type of sales promotion used in marketing
  • Rabbet (also spelled rebate), a woodworking term
  • Tax rebate, a reduction in taxation demanded
  • UK rebate, a return of money paid by the United Kingdom for the European Union budget

Synonyms, Antonyms and Related Words

abate, abatement, agio, allow, allowance, bank discount, bate, breakage, bribe, cash discount, chain discount, charge off, charge-off, commission, concession, cut, deduct, deduction, depreciate, depreciation, diminish, discount, drain, drawback, graft, kick back, kickback, make allowance, mark down, payola, penalty, penalty clause, percentage, premium, price reduction, price-cut, rake-off, rebatement, reduce, reduction, refund, repay, repayment, rollback, salvage, setoff, subtraction, take a premium, take off, taper off, tare, time discount, trade discount, tret, underselling, write off, write-off
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