Definition, Meaning & Synonyms

rebated

verb

/rɪˈbeɪtɪd/

Definition

To have reduced or returned a portion of a payment or price.

Examples

After submitting the necessary documentation, she received a rebated amount on her tax returns.
Many customers were pleased to discover that their purchases were rebated during the sales event.

Meaning

The term ‘rebated’ refers to a situation where some amount of money is given back or discounted after a purchase, often as part of a promotional deal or refund policy.