Meaning of the word rebate in English

What does rebate mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

rebate

US /ˈriː.beɪt/
UK /ˈriː.beɪt/

Noun

1.

a partial refund to someone who has paid too much money for tax, rent, or a utility.

Example:
the scheme eases the move to the council tax by giving rebates in the first year

Verb

1.

pay back (such a sum of money).

Learn This Word at Lingoland