Rebate

v. t.	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.
	3.	To return a portion of a sum paid, as a method of discounting of prices. Rebated cross a cross which has the extremities of the arms bent back at right angles, as in the fylfot.
v. i.	1.	To abate; to withdraw.
n.	1.	Diminution.
	2.	(Com.) Deduction; abatement; as, a rebate of interest for immediate payment; a rebate of importation duties.
	3.	A portion of a sum paid, returned to the purchaser, as a method of discounting. The rebate is sometimes returned by the manufacturer, after the full price is paid to the retailer by the purchaser.
	1.	(Arch.) A rectangular 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.
	3.	An iron tool sharpened something like a chisel, and used for dressing and polishing wood.
	4.	A kind of hard freestone used in making pavements.
v. t.	1.	To cut a rebate in. See Rabbet, v.

Noun	1.	rebate - a refund of some fraction of the amount paid Synonyms: discount
	2.	rebate - a rectangular groove made to hold two pieces together Synonyms: rabbet
Verb	1.	rebate - give a reduction in the price during a sale; "The store is rebating refrigerators this week"
	2.	rebate - cut a rebate in (timber or stone)
	3.	rebate - join with a rebate; "rebate the pieces of timber and stone"

REBATE, mer. law. Discount; the abatement of interest in consequence of prompt payment. Merch. Dict. h.t.

abate, abatement, agio, allow, allowance, bank discount, bate, breakage, bribe, cash discount, chain discount, charge off, charge-off, commission, concession, cut, deduct, deduction, depreciate, depreciation, diminish, discount, drain, drawback, graft, kick back, kickback, make allowance, mark down, payola, penalty, penalty clause, percentage, premium, price reduction, price-cut, rake-off, rebatement, reduce, reduction, refund, repay, repayment, rollback, salvage, setoff, subtraction, take a premium, take off, taper off, tare, time discount, trade discount, tret, underselling, write off, write-off

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