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Rebate for Dummies

noun

pronunciation: 'ribeɪt

What does Rebate really mean?

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Hey there, let me help you understand what "Rebate" means! It's actually a pretty nifty word that has a couple of meanings, so let's dive right in, shall we?

So, imagine you're at a candy store, and you see your favorite candy bar on sale. You want to buy it, but uh-oh, it's a little pricey. That's when a rebate can come to the rescue! A rebate is like a special discount or refund that you can get after you buy something. It's kind of like getting some of your money back as a reward.

Let me break it down further. When you buy something and there's a rebate available, you'll usually need to fill out a form or send in a receipt to the company that made the product. Then, they'll send you some money back, like a little "thank you" for buying their stuff. This is awesome because it means you can save some money and maybe even buy more candy bars!

Now, rebates can also be used in a slightly different way when it comes to taxes and finances. In this case, a rebate is a sum of money that the government or a company gives back to you. It's like a little bonus for doing something good, like being eco-friendly or making a certain income level. This kind of rebate can reduce the amount of money you have to pay, which is always a good thing!

So, to sum it all up, a rebate is like a special kind of discount or refund that you can get after buying something. It's a way for companies or the government to say thanks and give you a little extra money back. Whether it's a candy bar or a tax break, a rebate is always a nice little perk that can put a smile on your face and some extra dough in your pocket. Pretty neat, huh?


Revised and Fact checked by Sophia Martinez on 2023-10-29 15:56:04

Rebate In a sentece

Learn how to use Rebate inside a sentece

  • When you buy a toy on sale and the store gives you some money back, that is a rebate.
  • If you purchase a computer and the manufacturer gives you a portion of the money back, that is a rebate.
  • Let's say you buy a new refrigerator, and the company offers to return some of the money you paid, that is a rebate.
  • If you buy a book and the bookstore later sends you a check for a part of the money you paid, that is a rebate.
  • When you buy a phone and get some money refunded to you by the manufacturer, that is a rebate.

Rebate Synonyms

Words that can be interchanged for the original word in the same context.

discount rabbet

Rebate Hypernyms

Words that are more generic than the original word.

channel cut discount groove join refund

Rebate Hyponyms

Words that are more specific than the original word.

rent-rebate rusticate