rebate
noun
  1. a reduction in the amount of money to be paid

    Example

    We are offering a 10 per cent rebate on selected goods.

  2. money returned to someone because they have paid too much

    Example

    She got a tax rebate at the end of the year.

Browse by Subjects
rule of 78
cashback
off balance sheet asset
drawback
See All Related Terms »

conditionality
indirect quote
comparability
Balloon option
government regulated