Rebate

usgb/ˈriːbeɪt/
noun

A partial refund given on a purchase or the funds back to a person after they’ve paid too much money.

After purchasing the latest phone model, I was able to claim a $200 rebate.
Visual representation of "rebate" - A partial refund given on a purchase or the funds back to a person after they’ve paid too much money.

Often appears as...

  • claim a rebate
  • offer a rebate
Definition 1 of 4
Visual representation of "rebate"
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Consumer Incentives

Rebates are often used by companies to encourage customers to buy their products.

Illustration for Consumer Incentives
I got a rebate for my new laptop during the holiday sale.
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Post-Purchase

A rebate is typically claimed after you purchase an item, not at the point of sale.

Illustration for Post-Purchase
Send in the form to get your rebate within six weeks.
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Purchase Proof

To claim a rebate, you often need to show proof of purchase, such as a receipt.

Illustration for Purchase Proof
Keep your receipt if you want to claim the rebate.
Visual representation of the word "Rebate"

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