rebate

verb
re·​bate | \ ˈrē-ˌbāt How to pronounce rebate (audio) , ri-ˈbāt\
rebated; rebating

Definition of rebate

 (Entry 1 of 3)

transitive verb

1 : to reduce the force or activity of : diminish
2 : to reduce the sharpness of : blunt
3a : to make a rebate of
b : to give a rebate to

rebate

noun
re·​bate | \ ˈrē-ˌbāt How to pronounce rebate (audio) \

Definition of rebate (Entry 2 of 3)

: a return of a part of a payment

rebate

re·​bate | \ ˈra-bət How to pronounce rebate (audio) , ˈrē-ˌbāt\

Definition of rebate (Entry 3 of 3)

chiefly British spelling of

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Other Words from rebate

Verb

rebater noun

Examples of rebate in a Sentence

Noun

There is a $50 rebate offered with the printer.

Recent Examples on the Web: Verb

Trump is also supporting bipartisan legislation in the Senate that would limit prescription copays for people on Medicare and require drugmakers to pay the government rebates if the cost of their medications goes up faster than inflation. Washington Post, "Health chief says Trump working on prescription import plan," 31 July 2019 After that, the city will rebate half of the personal property taxes paid by the market for five years. Kara Carlson, Dallas News, "Korean grocer to open in Lewisville with K-Pop festival in October featuring Weki Meki," 10 Aug. 2019 Apple’s new card effectively will rebate 1% of typical purchases, 2% when used through the Apple Pay app, and 3% on anything bought from Apple. Aaron Pressman, Fortune, "What’s in Your Wallet: Should You Get the Apple Credit Card?—Data Sheet," 5 Aug. 2019 According to a recent analysis, manufacturer rebates to PBMs increased from $39.7 billion in 2012 to $89.5 billion in 2016, partially offsetting list price increases. Julie Washington, cleveland.com, "GoodRx lowers prescription costs for some, but questions remain on impact for others," 14 July 2019 If rent is rebated back, that rebate flows back to our artists. Hannah Karp, Billboard, "Outback Presents CEO Vaughn Millette Has Plans to Upend the Live Music Biz: 'We Are Here to Change It All'," 28 June 2019 Exchanges counter that rebates help markets function more smoothly by encouraging more trading activity. Alexander Osipovich, WSJ, "High-Speed Traders Back Exchanges in Fight With SEC Over Rebates Plan," 14 June 2019 Bullock vetoed a bill proposed by Republican State Auditor Matt Rosendale that sought to lower prescription drug prices by requiring pharmacy benefit managers to pass on drug manufacturer rebates to insurers. USA TODAY, "Mowing quest, mayo man, soybean scare: News from around our 50 states," 17 June 2019 Spark has agreed to rebate some of the price to insurers, including Harvard Pilgrim Health Care in Wellesley, Mass., if the treatment doesn’t work as intended. Joseph Walker, WSJ, "Biotech Proposes Paying for Pricey Drugs by Installment," 8 Jan. 2019

Recent Examples on the Web: Noun

Subscribe to get the Morning Briefing newsletter delivered to your email inbox weekdays at 7 a.m. Today’s stories OREGON KICKER: Taxpayers are set to get a $1.6 billion rebate next year. oregonlive, "Oregon kicker: Taxpayers set to get $1.6 billion rebate next year: Morning Briefing for Thursday, Aug. 29," 29 Aug. 2019 The state depends heavily on personal income taxes and an unexpected surge in those payments in recent months pushed up the rebate figure. Hillary Borrud | The Oregonian/oregonlive, oregonlive.com, "Oregon taxpayers set to get a $1.6 billion ‘kicker’ rebate next year," 28 Aug. 2019 Lilly says the net price for its Humalog insulin—the price after discounts and rebates—fell to an average of $135 a patient a month in 2018, from $147 in 2014. Peter Loftus, WSJ, "As Political Scrutiny Mounts, Eli Lilly Divulges New Insulin Pricing Data," 24 Mar. 2019 Some parts of the plan were previously proposed in the president's budget proposal sent to Congress, including providing free generic drugs to low-income seniors and sharing rebates from drugmakers with Medicare patients. CBS News, "Trump's plan to bring down drug prices takes small steps," 12 May 2018 Small firms that hire unemployed graduates can apply for a tax rebate. The Economist, "The growing ranks of unemployed graduates worry China’s government," 1 Aug. 2019 What’s more, the analysis found that Amazon reported a federal income tax rebate of $129 million. Mahita Gajanan, Time, "Democrats Made Lots of Claims During the Second Debate. Here Are the Facts," 31 July 2019 Consumers will receive a rebate via a $100 Mastercard prepaid debit card. CBS News, "Amazon Prime Day 2019: Best deals on day 2 of Prime Day," 16 July 2019 And the budget spends about $1 billion of that on a broad expansion of California’s earned income tax credit, a cash rebate to low-income workers. San Diego Union-Tribune, "California Gov. Gavin Newsom has signed his first budget. Here’s where the $215 billion will go," 27 June 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'rebate.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of rebate

Verb

14th century, in the meaning defined at transitive sense 1

Noun

1656, in the meaning defined above

History and Etymology for rebate

Verb

Middle English, from Anglo-French rebatre, rabatre to beat back, deduct, from re- + abatre to strike down, from a- (from Latin ad-) + batre to beat, from Latin battuere

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More Definitions for rebate

rebate

noun

English Language Learners Definition of rebate

: an amount of money that is paid back to you because you have paid too much
: an amount of money that a business or company pays back to you because you have bought a particular product or service

rebate

noun

Kids Definition of rebate

: the return of part of a payment or of an amount owed Mail in your receipt and get a rebate.

rebate

noun
re·​bate | \ ˈrē-ˌbāt How to pronounce rebate (audio) \

Legal Definition of rebate

: a refund or deduction of part of a payment, price, or charge

Other Words from rebate