rebate

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re·bate1 • n. / ˈrēˌbāt/ a partial refund to someone who has paid too much money for tax, rent, or a utility. ∎  a deduction or discount on a sum of money due.• v. / ˈrēˌbāt; riˈbāt/ [tr.] pay back (such a sum of money).DERIVATIVES: re·bat·a·ble / ˈrēˌbātəbəl; riˈbāt-/ adj.re·bate2 / ˈrabit; ˈrēˌbāt/ • n. & v. another term for rabbet.

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