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Rebate


v. t. (rē̍*bāt")

[F. rebattre to beat again; pref. re- re- + battre to beat, L. batuere to beat, strike. See Abate.]

1. To beat to obtuseness; to deprive of keenness; to blunt; to turn back the point of, as a lance used for exercise.

But doth rebate and blunt his natural edge.
Shak.

2. To deduct from; to make a discount from, as interest due, or customs duties. Blount.

3. To return a portion of a sum paid, as a method of discounting of prices.
[PJC]

Rebated cross, a cross which has the extremities of the arms bent back at right angles, as in the fylfot.

Re·bate
v. i.

To abate; to withdraw. [Obs.] Foxe.

Re·bate
n.

1. Diminution.

2. (Com.) Deduction; abatement; as, a rebate of interest for immediate payment; a rebate of importation duties. Bouvier.

3. A portion of a sum paid, returned to the purchaser, as a method of discounting. The rebate is sometimes returned by the manufacturer, after the full price is paid to the retailer by the purchaser.
[PJC]

Re·bate
n.

[See Rabbet.]

1. (Arch.) A rectangular longitudinal recess or groove, cut in the corner or edge of any body; a rabbet. See Rabbet.

2. A piece of wood hafted into a long stick, and serving to beat out mortar. Elmes.

3. An iron tool sharpened something like a chisel, and used for dressing and polishing wood. Elmes.

4. [Perhaps a different word.]
A kind of hard freestone used in making pavements. [R.] Elmes.

Re·bate
v. t.

To cut a rebate in. See Rabbet, v.


 
 

1. In a short-sale transaction, the portion of interest or dividends earned by the owner (lender) of shares that are paid to the short seller (borrower) of the shares.

2. In an options transaction, the amount paid to the holder of the option if the option expires worthless.

Investopedia Says:
1. The lender and borrower usually negotiate the rate at which the short seller will be compensated.

2. The rebate is pre-negotiated and is usually a portion of the premium paid by the option holder.

Related Links:
Have you ever correctly predicted a stock's decline or wondered how to be profitable in a bear market? Find out how and the risks involved. Short Selling Tutorial
An introduction to the world of options, covering everything from primary concepts to how options work and why you might use them. Options Basics Tutorial


 

In general: refund of a payment.

Media: refund given to an advertiser by a media vehicle. A rebate is usually given when the advertiser places more advertisements than originally contracted, therefore earning a larger discount. For example, the XYZ Company contracts to place a full-page ad in a periodical every week for three weeks, earning a 10% media discount. Later, the company decides to extend the campaign to six weeks, which would normally earn a 15% discount. The periodical would issue a 5% rebate to the XYZ Company.

Sales promotion: refund given to a consumer for sending in proof-of-purchase after a sale.

 

1. Unearned Interest returned to the borrower when a loan is paid off early. See also Rule of the 78's.

2. pro-rated share of deposit insurance premium returned to a federally insured bank or savings association when the sum of insurance premiums paid exceeds payouts to depositors from an insurance fund.

3. portion of net sales returned to cardholders by a bank card plan, based on card usage. A plan with a 2% rebate nets the cardholder $2 for every $100 in sales.

4. reduction in a credit card merchant's Merchant Discount Rate for credit card transactions above a certain amount.

 

1. a refund resulting from a purchase or tax.
Example: To encourage sales of the Condominium project, the developer offered a $2,500 rebate to each purchaser.

2. _a kickback of a charge, often illegal if done without knowledge of all parties.
Example: The broker accepted a $50 rebate from the insurer each time he sold a home carrying a homeowner's Warranty.

 
Thesaurus: rebate

noun

    An amount deducted: abatement, deduction, discount, reduction. See increase/decrease.

verb

  1. To take away (a quantity) from another quantity: abate, deduct, discount, subtract, take (off). Informal knock off. See increase/decrease.
  2. To grow or cause to grow gradually less: abate, decrease, diminish, drain, dwindle, ebb, lessen, let up, peter (out), reduce, tail away (or off), taper (off). See increase/decrease.

 

Retroactive refund or credit given to a buyer who has purchased a product or service. Fair and equitable rebates are used simply as incentives available to all customers. So-called deferred (or exclusive-patronage) rebates are used by large vendors of perishables and consumer durable goods. To receive such a rebate, the purchaser must agree to buy certain goods or services exclusively from a particular vendor for a fixed period of time. Rebating was a common pricing tactic in the 19th century, often used by large companies to undercut competition from smaller firms. The U.S. railroad industry practiced price discrimination by granting secret rebates to important customers; the rebates granted to Standard Oil Co. helped it acquire a monopoly over the oil industry. Governments occasionally sponsor rebates on previously paid taxes such as property, income, or sales taxes. Tax rebates can be used to stimulate the economy, to return excess revenue to taxpayers, or to encourage specific actions such as energy conservation.

For more information on rebate, visit Britannica.com.

 
partial refund of the total price paid for goods or services. In the United States, rebates were historically given by railroads to favored shippers as a return on transportation charges. The Elkins Act (1903), the Hepburn Act (1906), and the regulations of the Interstate Commerce Commission prohibit and penalize railroad rebates. A tax rebate from local, state, or federal governments may occur when unexpectedly large tax revenues create a budget surplus. The term is also used to refer to coupons, trading stamps, and other premiums used by retailers to stimulate sales.


 
This entry contains information applicable to United States law only.

Discount; diminution of interest on capital lent in consideration of prompt repayment thereof; reduction of a stipulated charge that is not credited in advance but is returned subsequent to payment in full.

A tax rebate is a sum of money refunded to a taxpayer after full payment of the tax has been made.

 

The return of part of a payment for a good. Unlike a discount, which is deducted from the price before purchase, a rebate is returned after purchase.

 
Wikipedia: rebate (disambiguation)

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

 
Translations: Translations for: Rebate

Dansk (Danish)
1.
n. - rabat, afslag, delvis refusion, godtgørelse
v. tr. - nedsætte, slå af på, refundere

2.
n. - fals
v. tr. - sammenfalse, falshøvle

Nederlands (Dutch)
rabat, teruggave (geld), terugbetalen, sponning

Français (French)
1.
n. - remboursement, ristourne, remise
v. tr. - rembourser, faire une remise

2.
n. - (Tech) feuillure
v. tr. - émousser (un rasoir), rabattre (un pli), amortir (un coup)

Deutsch (German)
1.
n. - Rabatt, Preisnachlaß, Rückvergütung, Abzug
v. - vermindern

2.
n. - Fuge,Nut
v. - stumpf machen

Ελληνική (Greek)
n. - έκπτωση, περικοπή, παρακράτηση

Italiano (Italian)
sconto

Português (Portuguese)
n. - desconto (m), reembolso (m)

Русский (Russian)
скидка

Español (Spanish)
1.
n. - rebaja, descuento, reembolso
v. tr. - disminuir, reducir, deducir, rebajar, descontar

2.
n. - rebajo, ranura
v. tr. - hacer un rebajo o ranura en

Svenska (Swedish)
n. - rabatt

中文(简体) (Chinese (Simplified))
1. 折扣, 贴现, 退还, 对...贴现, 对...给回扣

2. 折扣, 贴现

中文(繁體) (Chinese (Traditional))
1.
n. - 折扣, 貼現
v. tr. - 退還, 對...貼現, 對...給回扣

2.
n. - 折扣, 貼現

한국어 (Korean)
1.
n. - 부분적 환불, 리베이트, 감소
v. tr. - 환불하다, 환물해 주다, 리베이트를 주다

2.
n. - 은촉이음, 은촉(홈)
v. tr. - 은촉홈을 파다, 은촉이음으로 하다

日本語 (Japanese)
n. - 一部払い戻し, 割り戻し, リベート
v. - 割引する

العربيه (Arabic)
‏(الاسم) خصم‏

עברית (Hebrew)
n. - ‮הנחה, הפחתה, החזר (חלק מהתשלום)‬
v. tr. - ‮עשה הנחה, החזיר (חלק מהתשלום)‬
n. - ‮הנחה, הפחתה, החזר (חלק מהתשלום), חריץ לאורך קצה של קרש (כדי לחברו לקרש אחר)‬
v. tr. - ‮שילב, חיבר‬


 
 

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Copyrights:

Dictionary. Webster 1913 Dictionary edited by Patrick J. Cassidy  Read more
Investment Dictionary. Copyright ©2000, Investopedia.com - Owned and Operated by Investopedia Inc. All rights reserved.  Read more
Marketing Dictionary. Dictionary of Marketing Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved.  Read more
Banking Dictionary. Dictionary of Banking Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved.  Read more
Real Estate Dictionary. Dictionary of Real Estate Terms. Copyright © 2004 by Barron's Educational Series, Inc. All rights reserved.  Read more
Thesaurus. Roget's II: The New Thesaurus, Third Edition by the Editors of the American Heritage® Dictionary Copyright © 1995 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved.  Read more
Britannica Concise Encyclopedia. Britannica Concise Encyclopedia. © 2006 Encyclopædia Britannica, Inc. All rights reserved.  Read more
Columbia Encyclopedia. The Columbia Electronic Encyclopedia, Sixth Edition Copyright © 2003, Columbia University Press. Licensed from Columbia University Press. All rights reserved. www.cc.columbia.edu/cu/cup/  Read more
Law Encyclopedia. West's Encyclopedia of American Law. Copyright © 1998 by The Gale Group, Inc. All rights reserved.  Read more
Economics Dictionary. The New Dictionary of Cultural Literacy, Third Edition Edited by E.D. Hirsch, Jr., Joseph F. Kett, and James Trefil. Copyright © 2002 by Houghton Mifflin Company. Published by Houghton Mifflin. All rights reserved.  Read more
Wikipedia. This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Rebate" Read more
Translations. Copyright © 2007, WizCom Technologies Ltd. All rights reserved.  Read more

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