English

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

     

    cashback

     noun
    (British English) (US English cash-back) noun
    BrE BrE//ˈkæʃbæk//
     
    ; NAmE NAmE//ˈkæʃbæk//
     
    Cost and payment
     
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  1. 1[uncountable] if you ask for cashback when you are paying for goods in a shop/store with a debit card (= a plastic card that takes money directly from your bank account), you get a sum of money in cash, that is added to your bill Would you like cashback? Customers are allowed up to £30 cashback on each purchase. See related entries: Cost and payment
  2. 2[uncountable, countable] a sum of money that is offered to people who buy particular products or services There's £200 cashback on this computer if you buy before January 31. Choose our First-time Buyer’s Mortgage and get up to £1,500 cashback to buy those essential items for your new home!