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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.
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 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.


a refund of a fraction of the amount payable or paid, as for goods purchased in quantity; discount
References in periodicals archive ?
com, rebates hadn't caught up with the Internet age.
In late April, the IRS began sending out tax rebates to an estimated 130 million American families and households.
The $75 rebate on the NTI registration fee is available to any chapter member.
an online seller of cell phones, after receiving thousands of complaints about the company's failure to honor rebates.
Rite Aid offers rebates on items such as beauty, food, general merchandise, and vitamins.
PhrMA sued CMS in federal court alleging that the PDP violated provisions (42 USC [section]1396r-8(b)(1)(A)) that require manufacturers only to pay rebates for drugs "for which payment was made under the state plan.
Eliot Spitzer, the state's chief legal officer, said that the state would seek restitution for consumers who took the rebates to buy new dishwashers.
Yep, rebates mean more cash in your pocket short term, but deep down, you know that money should be used to drive increased end user demand (more/easier sales for you in the coming months), better branding (more/easier sales for you in the coining years), and better channel training (better solutions and greater satisfaction for your customers).
New Windows rebate tracking software from SIX International (C)1994-2000 M2 COMMUNICATIONS LTD http://www.
Some custom rebates require that an engineering study be prepared and measurements taken to confirm performances.
Under the rebate program, finance subsidiary S buys a $100 product from a dealer and leases it to the dealer's customer, paying $90 cash and assigning the $10 rebate from manufacturer B to the dealer.