rebate
Meaning(s)
1. refund or return
Popularity
High
Professional
Medium
Social
How to Memorize
a cash/tax rebate
Analysis
A rebate is a noun which is a refund paid to someone who has overpaid tax or an official bill. It can also be used as a verb, but this is less common. This is usually only used in official situations.
Social Examples (Basic)
- I always get my taxes balanced in January. I hope I get a tax rebate next year.
- A lot of mortgage agreements offer a 1% cash rebate within the first year.