1A partial refund to someone who has paid too much money for tax, rent, or a utility.
- 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.
- 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.
Pronunciation: /rēˈbāt/ /ˈrēˌbāt/[with object] Back to top
Pay back (such a sum of money).
- 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.
Late Middle English (as a verb in the sense 'diminish (a sum or amount)'): from Anglo-Norman French rebatre 'beat back', also 'deduct'.
- 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.
Pronunciation: /ˈrēˌbātəbəl/ /riˈbāt-/adjective
Words that rhyme with rebatejailbait • whitebait • probate
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