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Definitions from the Web

Rebat

Noun:

1. A refund of a portion of the purchase price given to a customer as an incentive or compensation.

Example sentence: I received a $10 rebat for purchasing the latest smartphone.

Verb:

1. To give back or refund a portion of the purchase price as an incentive or compensation.

Example sentence: The store will rebat 50% of the cost if the item is returned within 30 days.

Adjective:

1. Pertaining to a purchase or deal that includes a refund or discount.

Example sentence: The rebat offer attracted many customers to the store.

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