rebate
/ɹəˈbeɪt/
B2 · Upper Int.★★★☆☆
Simple Meaning
money that is given back to you after you buy something, usually because you paid too much.
When to Use
📈Business English💼Workplace English
Upper Intermediate — fluent in familiar topics
Examples in Conversation
“Did you send in the form for the mail-in rebate?”
“The company offered a $50 rebate on the new phone.”
Learning Path
▶Full Definition
A deduction from an amount that is paid; an abatement.