rebate


Also found in: Dictionary, Thesaurus, Legal, Financial, Wikipedia.
Related to rebate: Tax rebate

rebate,

partial refund of the total price paid for goods or services. In the United States, rebates were historically given by railroads to favored shippers as a return on transportation charges. The Elkins Act (1903), the Hepburn Act (1906), and the regulations of the Interstate Commerce CommissionInterstate Commerce Commission
(ICC), former independent agency of the U.S. government, established in 1887; it was charged with regulating the economics and services of specified carriers engaged in transportation between states.
..... Click the link for more information.
 prohibit and penalize railroad rebates. A tax rebate from local, state, or federal governments may occur when unexpectedly large tax revenues create a budget surplus. The term is also used to refer to coupons, trading stamps, and other premiums used by retailers to stimulate sales.

rabbet, rebate

rabbet, 1
1. A longitudinal channel, groove, or recess cut out of the edge or face of a member; esp. one to receive another member, or one to receive a frame inserted in a door or window opening, or the recess into which glass is installed in a window sash.
3. A shallow recess in one body to receive another, as at the edges of a pair of doors or windows so shaped as to provide a tight fit; one half of the edge projects beyond, and serves as a stop for, the other edge of each leaf.

rebate

a refund of a fraction of the amount payable or paid, as for goods purchased in quantity; discount
References in periodicals archive ?
Property Tax/Rent Rebate claim forms (PA-1000) and information are also available online at www.
The company also uses Twitter, facebook and email to alert users of special rebate deals, sometimes "free-with-rebate" items.
Looking over the entire aggregated sample of those interviewed during the rebate period (with interviews beginning April 27 and extending through June 17) provides a very large sample in which more fine-tuned income categories can be examined.
Submit your rebate application anytime after you receive confirmation that your NTI registration has been processed.
The list includes the rebate amount, limit, and expiration date.
I don't understand why they're giving rebates when the economy is so bad - especially in California,'' said Marci Colomey, a mother of three toddlers in Claremont who plans to deposit her tax credit money directly into savings accounts already set up for the children.
Participants were to purchase drugs at the Medicaid price minus a discount equal to the manufacturer's rebate, approximately 17.
The question remaining is whether GE will have to make new offers to consumers who took advantage of the original rebate offer and bought new appliances or chose to keep their old dishwasher and pay for a service call out of their own pocket.
Second, once your channel gets hooked on rebates, stopping them creates ugly withdrawal symptoms: Reseller partners who become angry or unresponsive when you don't continue to provide the rebate fix at future launches.
Many utility programs offer generous rebates for replacing inefficient lighting elements, including fixtures, ballasts and bulbs.
18) Indeed, the example confirms that under separate-entity accounting, the manufacturer (B) deducts the entire $10 rebate in the year of payment and the finance subsidiary (S) takes a $90 basis in the product.
The rebate rules do not apply to --governmental and Sec.