noun a partial refund to someone who has paid too much money for tax, rent, or a utility
verb to give a rebate
In real estate, rebates may be offered to home buyers as a refund of a portion of the commission paid to the real estate agent.
In the finance industry, rebates can refer to cashback offers or discounts provided to customers for using a particular financial product or service.
In the technology sector, rebates can be used to promote the sale of products, such as offering discounts on smartphones or laptops.
In the travel industry, rebates may be provided to customers who book certain packages or accommodations, offering a discount on their overall trip cost.
Automotive manufacturers and dealers often offer rebates as a marketing strategy to boost sales, such as cash rebates or discounts on new car purchases.
Some insurance companies offer rebates to policyholders as a reward for safe driving habits or for not filing claims.
Rebates are often offered by retailers as a way to incentivize customers to make purchases, typically by providing a discount after the sale.
Energy companies may offer rebates to customers who invest in energy-efficient appliances or home upgrades to promote sustainability.
In marketing and advertising, a writer may mention a rebate as part of a promotion or sales strategy to attract customers.
A psychologist may discuss rebates in the context of behavioral economics and consumer decision-making, analyzing how rebates influence purchasing behavior.
An accountant may handle rebate accounting, ensuring that rebates are properly recorded and accounted for in financial statements.
A salesperson may offer rebates to customers as an incentive to make a purchase, negotiating rebate terms and conditions.
A manufacturer may provide rebates to distributors or retailers as a way to incentivize sales and promote their products.