There are 2 definitions of rebate in English:

rebate1

Line breaks: re¦bate
Pronunciation: /ˈriːbeɪt
 
/

noun

  • 1A partial refund to someone who has paid too much for tax, rent, or a utility: the scheme eases the move to the council tax by giving rebates in the first year
    More example sentences
    • If you are on a low income you may be able to claim a rebate on your rent and council tax.
    • Tax rebates for dividends and capital gains will help reduce the cost of equity for companies in the knowledge sector.
    • The difficulty will be that such a tax would be seen as yet another attack on the middle class, who could also face cuts to their pension contribution tax rebates and higher university tuition fees.
  • 1.1A deduction or discount on a sum of money due: you will be entitled to a 20 per cent rebate off each standard fare
    More example sentences
    • The industry over builds and offers incentives - discounts and rebates - thereby losing money on each car that never should have built in the first place.
    • I guess they must have great ways to make the money back from the rebate of all goods their customers buy in Hong Kong.
    • Best of all, when you buy a cell phone from us and transfer your number, you will still qualify for all of our great rebates and discounts.

verb

[with object] Back to top  
  • Pay back (a sum of money) as a rebate: the government rebates part of your own and your employer’s National Insurance contributions into the plan
    More example sentences
    • Presumably the policy contains provision for rebating the premium, if the matter does not go to trial?
    • This will be achieved by rebating Underwriters' contribution to costs.
    • A North Dakota Senator has sponsored a bill that would tax profits when oil is above $40 a barrel and rebate the money to taxpayers.

Derivatives

rebatable

adjective
More example sentences
  • You gave us an example of a case where you would need it: distribution of a rebatable dividend which was less than the combined total of those profits.
  • The following year, though shares are sold, for $107 million, and the gains are distributed by way of rebatable dividend.
  • It was creating a dividend for itself, which would be assessable but rebatable, and it would have a loss because it was a trader in shares.

Origin

late Middle English (as a verb in the sense 'diminish (a sum or amount)'): from Anglo-Norman French rebatre 'beat back', also 'deduct'.

More definitions of rebate

Definition of rebate in:

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

Word of the day grotesquerie
Pronunciation: grəʊˈtɛskəri
noun
grotesque quality or grotesque things collectively

There are 2 definitions of rebate in English:

rebate2

Line breaks: re¦bate
Pronunciation: /ˈriːbeɪt
 
/

noun

  • A step-shaped recess cut along the edge or in the face of a piece of wood, typically forming a match to the edge or tongue of another piece: [as modifier]: a rebate joint
    More example sentences
    • After cutting the rebates the bar is then moved to the inner position of the sticking board where it is held by slotting the glazing rebate into the recess.
    • The glass check plough cuts both rebates at once, from the back edge of the bar.
    • Its windows have geometric tracery in the Decorated style, with rebates for hinged shutters.

verb (rebates, rebating, rebated)

[with object] Back to top  
  • 1Make a rebate in (a piece of wood): (as noun rebating) you can use it for rebating (as adjective rebated) rebated blocks are glued in each corner
    More example sentences
    • The proper long-term way is to drill out the hole, counter rebate to a larger hole and fit a turned disc - it will last forever.
    • Initially, it was hoped 5.56 M - 16 parts would do the trick for the conversion, and rebated 5.56 case heads were tried.
    • Stool in tubular steel with formed seat in ply laminate rebated onto frame, by Pengelly Design.
  • 1.1 [with object and adverbial] Join or fix (a piece of wood) to another with a rebate: the oak boarding was rebated in

Origin

late 17th century: alteration of rabbet.

More definitions of rebate

Definition of rebate in: