The Open Dictionary

rebate

noun

UK/ˈriː.beɪt/

Definitions of rebate noun

  1. Countable

    A partial refund or return of an amount of money, often provided by a government or organization, typically after an overpayment or as an incentive.

    • Purchasing energy-efficient appliances often qualifies for a government rebate.

    • The company offers a rebate to customers who purchase products in bulk.

    • Many car manufacturers offer a rebate on electric vehicles to boost sales.