rebate

/rˈibeɪt/

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Definitions

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

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