noun
- a partial refund of money paid, especially as a discount or return of part of a payment
verb
- to give back part of a payment; to provide a partial refund
Examples
- The store offered a $50 rebate on the new washing machine.
- Customers can receive a mail-in rebate after purchasing the product.
- The government provided tax rebates to stimulate the economy.
- The company will rebate 10% of the purchase price to loyal customers.
- She submitted the forms to rebate part of her insurance premium.
- The manufacturer rebated $200 to buyers of the electric vehicle.