Definition of rebate noun from the Oxford Advanced Learner's Dictionary

     

    rebate

     noun
    noun
    BrE BrE//ˈriːbeɪt//
     
    ; NAmE NAmE//ˈriːbeɪt//
     
     
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  1. 1an amount of money that is paid back to you because you have paid too much a tax rebate
  2. 2an amount of money that is taken away from the cost of something, before you pay for it synonym discount Buyers are offered a cash rebate.
  3. Word Origin late Middle English (as a verb in the sense ‘diminish (a sum or amount)’): from Anglo-Norman French rebatre ‘beat back’, also ‘deduct’.Extra examples She’s claiming a 100% tax rebate. The maximum cash rebate available is about $4 800. rebates on the new council tax You may be entitled to a rebate on your car insurance.
See the Oxford Advanced American Dictionary entry: rebate