rebate definition | Dictionary.com

re⋅bate

1 [n. ree-beyt; v. ree-beyt, ri-beyt]

noun, verb, -bat⋅ed, -bat⋅ing.

–noun

1.	a return of part of the original payment for some service or merchandise; partial refund.

–verb (used with object)

2.	to allow as a discount.

3.	to deduct (a certain amount), as from a total.

4.	to return (part of an original payment): He rebated five dollars to me.

5.	to provide a rebate for (merchandise) after purchase: The manufacturer is rebating this air conditioner.

6.	to blunt (an edged or pointed weapon).

7.	to cover the edge or point of (an edged or pointed weapon) in order to make it incapable of cutting or piercing.

–verb (used without object)

8.	to allow rebates, esp. as the policy or practice of a company, store, etc.

Origin:
1400–50; late ME rebaten (v.) < OF rabatre to beat, put down, equiv. to re- re- + (a)batre; see abate

Related forms:

re⋅bat⋅a⋅ble, re⋅bate⋅a⋅ble, adjective

re⋅bat⋅er, noun

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re⋅bate

2 [ree-beyt, rab-it]

–noun, verb, -bat⋅ed, -bat⋅ing.

rabbet.

rab⋅bet

[rab-it]

noun, verb, -bet⋅ed, -bet⋅ing.

–noun

1.	a deep notch formed in or near one edge of a board, framing timber, etc., so that something else can be fitted into it or so that a door or the like can be closed against it.

2.	a broad groove let into the surface of a board or the like; dado.

–verb (used with object)

3.	to cut a rabbet in (a board or the like).

4.	to join (boards or the like) by means of a rabbet or rabbets.

–verb (used without object)

5.	to join by a rabbet (usually fol. by on or over).

Also, rebate.

Origin:
1350–1400; ME rabet < OF rabat, deriv. of rabattre to beat back, beat down; see rebate ¹

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Link To rebate

rab·bet (rāb'ĭt)

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n.

A cut or groove along or near the edge of a piece of wood that allows another piece to fit into it to form a joint.
A joint so made.

v. rab·bet·ed also re·bat·ed, rab·bet·ing also re·bat·ing, rab·bets also re·bates

v. tr.

To cut a rabbet in.
To join by a rabbet.

v. intr.
To be joined by a rabbet.

[Middle English rabet, from Old French rabat, recess in a wall, act of beating down, from rabattre, to beat down again; see rebate¹.]

re·bate¹ (rē'bāt')

n. A deduction from an amount to be paid or a return of part of an amount given in payment.
tr.v. (rē'bāt', rĭ-bāt') re·bat·ed, re·bat·ing, re·bates

To deduct or return (an amount) from a payment or bill.
To lessen; diminish.

[From Middle English rebaten, to deduct, from Old French rabattre, rebattre, to reduce, to beat down again : re-, re- + abbattre, to beat down; see abate.]
re'bat·er n.

re·bate² (rē'bāt', rāb'ĭt)

n. & v.
Variant of rabbet.

The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Rebate

Re*bate"\, v. t. [F. rebattre to beat again; pref re- re- + battre to beat, L. batuere to beat, strike. See Abate.]

1. To beat to obtuseness; to deprive of keenness; to blunt; to turn back the point of, as a lance used for exercise.

But doth rebate and blunt his natural edge. --Shak.

2. To deduct from; to make a discount from, as interest due, or customs duties. --Blount.

Rebated cross, a cross which has the extremities of the arms bent back at right angles, as in the fylfot.

Rebate

Re*bate"\, v. i. To abate; to withdraw. [Obs.] --Foxe.

Rebate

Re*bate"\, n. 1. Diminution.

2. (Com.) Deduction; abatement; as, a rebate of interest for immediate payment; a rebate of importation duties. --Bouvier.

Rebate

Re*bate"\, n. [See Rabbet.]

1. (Arch.) A restangular longitudinal recess or groove, cut in the corner or edge of any body; a rabbet. See Rabbet.

2. A piece of wood hafted into a long stick, and serving to beat out mortar. --Elmes.

3. An iron tool sharpened something like a chisel, and used for dressing and polishing wood. --Elmes.

4. [Perhaps a different word.] A kind of hard freestone used in making pavements. [R.] --Elmes.

Rebate

Re*bate"\, v. t. To cut a rebate in. See Rabbet, v.

Language Translation for : rebate

Spanish: devolución, reembolso,

German: die Rückzahlung,

Japanese: 割り戻し

More Translations »

rebate

The return of part of a payment for a good. Unlike a discount, which is deducted from the price before purchase, a rebate is returned after purchase.

rebate (v.)

1427, "to deduct, subtract," from O.Fr. rabattre "beat down, drive back," also "deduct," from re- "repeatedly" + abattre "beat down" (see abate). Meaning "to pay back (a sum) as a rebate" is from 1957. The noun is 1656, from the verb.

Rebate

1. In a short-sale transaction, the portion of interest or dividends earned by the owner (lender) of shares that are paid to the short seller (borrower) of the shares.

2. In an options transaction, the amount paid to the holder of the option if the option expires worthless.

Investopedia Commentary

1. The lender and borrower usually negotiate the rate at which the short seller will be compensated.

2. The rebate is pre-negotiated and is usually a portion of the premium paid by the option holder.

Related Links

Short Selling Tutorial
Options Basics Tutorial

Main Entry: re·bate
Pronunciation: 'rE-"bAt
Function: noun
: a refund or deduction of part of a payment, price, or charge —re·bate /'rE-"bAt, ri-'bAt/ verb

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