noun
a partial refund to someone who has paid too much money for tax, rent, or a utility
verb
to give a rebate
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The company offers a rebate to customers who purchase a certain amount of products.
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If you buy this phone, you can get a rebate on your bill.
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I scored a sweet rebate on my new laptop purchase.
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His kindness towards others was a rebate for the wrongs he had done in the past.