rebates
nounUK /ˈriːbeɪts/
US /ˈriːbeɪts/
Money given back to you after you buy something.
The store gave rebates to customers who bought the new phone.
OTHER MEANINGS
2. A partial refund of money paid, often offered by a manufacturer or seller.
She mailed in the form to claim her rebate on the refrigerator.
3. A reduction in an amount that must be paid, such as taxes.
The government offered tax rebates to families this year.
4. To give back part of a payment to someone.
The company rebates a portion of the cost to loyal buyers.