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rebate

re·bate

rebate

 
pronunciation:
ri beIt
parts of speech:
noun, transitive verb
part of speech: noun
definition: a portion of a credited payment or charge that is returned, esp. in cash; refund of part of a charge.
The store offers rebates to customers on many electronic devices as an incentive to buy them.
 
part of speech: transitive verb
inflections: rebated, rebates, rebating
definition: to give back as a partial refund or discount.
derivations: rebatable (adj.), rebater (n.)