What is rebate simple words?

an amount of money that is returned to you, especially by the government, for example when you have paid too much tax: a tax rebate.

What is the synonym of rebate?

refund, partial refund, repayment. discount, deduction, reduction, decrease. allowance, concession.

What is a rebate example?

Rebate example A simple example of a rebate is a volume incentive, where a customer could receive a rebate for buying a certain volume of a certain product over the life of the deal. For example, an annual rebate agreement might state a 5% rebate, conditional on purchasing over 1,000 units of a product costing $100.

What is the opposite of rebate?

Antonyms & Near Antonyms for rebate. accession, addition.

Why are rebates a thing?

Rebates offer retailers the benefit of giving customers a temporary discount on an item, to stimulate sales, while allowing it to maintain its current price point. This method avoids the negative backlash that could be perceived with a price being lowered and then raised later.

How do you use rebate in a sentence?

Rebate in a Sentence

  1. The car dealership offered the potential buyer 6k back in the form of a rebate if he chose to buy the vehicle.
  2. There was no upfront discount, but the company did offer a 20 dollar rebate to be paid to anyone who made a 100 dollar purchase.

What are some antonym words?

List of Antonyms

Word Antonym-1 Antonym-3
Alive Dead Sluggish
Ancient Modern Fresh
Answer Question Quiet
Approval Disapproval Veto

What is the meaning of veered off?

: to begin to go in the wrong direction The rocket veered off course.

Is rebatable a word?

Meaning of “rebatable” in the English dictionary Rebatable is an adjective. The adjective is the word that accompanies the noun to determine or qualify it.

What is rebate in history?

rebate, retroactive refund or credit given to a buyer after he has paid the full list price for a product or for a service such as transportation. Rebating was a common pricing tactic during the 19th century and was often used by large industrialists to preserve or extend their power by undercutting competition.

When someone speaks of the flavor of a word?

When we speak of the flavor of a word, we’re talking about the extra understood meanings that it carries in addition to its main meaning. These extra meanings are called connotations.

What is rebate to customer?

A customer rebate, as used in the ARTS ODM is a subtype of Reward that pays back a portion of the total price a customer pays for purchasing merchandise and/or services from the retailer. There are a number of different kinds of customer rebates as discussed later on.

What is the meaning of veer name?

The name Veer is boy’s name of Sanskrit origin meaning “brave”.

What is the synonym of veered?

Some common synonyms of veer are depart, deviate, digress, diverge, and swerve. While all these words mean “to turn aside from a straight course,” veer implies a major change in direction. at that point the path veers to the right.

Why do rebates exist?

Where does the word rebate come from?

Rebate comes from the Old French word rabattre, meaning “beat down, drive back.” Rebate can also be used as a verb that refers to giving a reduction in price during a sale. For example, your internet provider might rebate your bill for three months to keep you as a customer.

How to make a rebate?

B2B Practice#1: Include an expiration date on rebates to remind the customer of the rules of the program.

  • B2B Practice#2: Work with your marketing team to refine rebate programs that instill customer loyalty.
  • B2B Practice#3: Make sure to check each rebate that is submitted to your company against fraudulent behaviors.
  • What is meant by the tax rebate for an individual?

    Section 80C is preferred by most of the taxpayers as it lowers the taxpayer’s taxable income by Rs.1 lakh.

  • Individuals and Hindu Undivided Family are allowed for the following investments and expense that are exempt under Section 80C:
  • ELSS
  • 5 year Bank FD that are tax saving or 5 year Post Office Term deposits
  • PF,voluntary and mandatory
  • What does the name rebates mean?

    re•bate (ˈri beɪt; v. also rɪˈbeɪt) n., v. -bat•ed, -bat•ing. n. 1. a return of part of the original payment for some service or merchandise. v.t. 2. to allow as a discount. 3. to deduct (a certain amount), as from a total. 4. to return (part of an original payment). 5. to provide a rebate for (merchandise) after purchase.

    What is a rebate used for?

    Rebates are also used as a means of enticing price-sensitive consumers into purchasing a product. The mail-in rebate ( MIR) is the most common. A MIR entitles the buyer to mail in a coupon, receipt, and barcode in order to receive a check for a particular amount, depending on the particular product, time, and often place of purchase.