Another Word For Rebate

Meaning

A rebate is a partial refund or discount that is given to a buyer after they have made a purchase. This financial incentive is often provided by manufacturers or retailers to encourage sales, promote consumer loyalty, or clear out inventory. Rebates can come in various forms, including cash back, credit towards future purchases, or discounts on subsequent purchases.

Synonyms

• Discount
• Refund
• Reimbursement
• Allowance
• Cash back

Antonyms

• Surcharge
• Increase
• Penalty
• Charge

Etymology

The word "rebate" originates from the Middle English term "rebaten," which means "to beat back" or "to abate." The root is derived from the Old French word "rabatre," meaning "to reduce or lower." Over time, the term evolved to signify the reduction of a price or the return of a part of a payment.

Examples

1. After purchasing the new laptop, I submitted the necessary paperwork to receive my rebate.
2. The store offered a $50 rebate on the smartphone, making it a more attractive option for buyers.
3. Many customers were pleased to find out they could claim a rebate on their recent home appliance purchases.
4. The car dealership advertised a cash rebate that would help offset the cost of a new vehicle.