Question

Give the meaning of rebate.

Answer 1

Explanation:

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

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Answer 2

Meaning of rebate

Explanation:

• A rebate option is an incentive to make a cash return on purchasing a consumer good or service. It is a form of sales promotion that is mainly used by marketers as rewards or supplements for product sales.
• Rebates will come in a great many different ways. The flat-rate rebates are subtracted directly from the purchase price. Conditional rebates are available only under certain conditions, like "buy one, get one free." Mail-in rebates typically require the customer to mail in a form to receive the discount after they make their purchase.