re·bate 
/ˈri:ˌbeɪt/ noun
plural re·bates /ˈri:ˌbeɪt/ noun [count] 1 : an amount of money that is paid back to you because you have paid too much
▪ a tax rebate [=refund] 2 : an amount of money that a business or company pays back to you because you have bought a particular product or service
▪ a mail-in/store rebate ▪ There is a $50 rebate offered with the printer.
▪ a tax rebate [=refund]
▪ a mail-in/store rebate ▪ There is a $50 rebate offered with the printer.
