Definitions

1. noun

A reduction in the price or amount of something, especially when this is granted by a seller.

“The company offered a rebate on the new TV purchase.”

2. verb

To reduce the price or amount of something, especially when this is granted by a seller.

“The store rebated the cost of the shirt after the customer complained about the price.”

3. verb

To deduct an amount from something, especially a bill or a debt.

“The insurance company rebated a portion of the policy premium.”

4. verb

To return a part of something, especially money, that has been taken.

“The government rebated the tax paid on the imported goods.”