For Rebate we have terms and definitions in 13 topics. The topics are Accounting, Auto Lease, Auto Loan, Automotive, Bonds, Finance, Health Insurance, Heraldry, Insurance, Logistics, Mortgage, Real Estate and William Shakespeare.

Rebate (Accounting)

is a. payment to a customer upon completion of a purchase as an inducement or sales promotion tactic; b. unearned interest refunded to borrower if the loan is paid off prior to maturity; c. amount paid back or credit allowed because of an over-collection or the return of an object sold (i.e.a refund).

Rebate (Auto Lease)

An amount that may be offered by a manufacturer, dealer, lessor, or assignee that may be paid to you separately or credited to your lease agreement.

Rebate (Auto Loan)

An

Rebate (Automotive)

An illegal action wherein the agent gives the insured a portion of his or her commission to entice the purchase of insurance.A partial reimbursement from the manufacturer, to either the dealer or buyer, for purchasing a vehicle.

Rebate (Bonds)

As defined in the Tax Reform Act 1986, state and local governments must "rebate" or remit to the U.S. Treasury Department interest earned on any portion of gross bond proceeds (bond proceeds plus funds segregated and pledged to pay debt service) that was invested at a higher yield than the original reoffering yield on the bonds to the public, with certain exceptions.

Rebate (Finance)

Negotiated return of a portion of the interest earned by the lender of stock to a short seller. When a stock is sold short, the seller borrows stock from an owner or custodian and delivers it to the buyer. The proceeds are delivered to the lender. The borrower, who is short, often wants a rebate of the interest earned on the proceeds under the lender's control, especially when the stock can be borrowed from many sources. Note: The seller must pay the lender any dividends paid out or, in the case of bonds, interest that accrues daily during the term of the loan.

Rebate (Health Insurance)

A reduction in the price of a particular pharmaceutical obtained by a PBM from the pharmaceutical manufacturer.27

Rebate (Heraldry)

A diminution or abatement of a bearing, as when the point of a weapon is broken off, or a part of a cross is cut off.

Rebate (Insurance)

Giving to the policy owner some part of the agent's commission (or something of value) as in inducement to buy. This is an illegal action.

Rebate (Logistics)

An illegal form of discounting or refunding that has the net effect of lowering the tariff price. See also Malpractice.

Rebate (Mortgage)

Same as Negative points.

Rebate (Real Estate)

A discount or reduction in price of a product or interest, not given in advance. Many states regulate gifts and educational aids given to real estate brokers by supporting companies such as title companies, calling these in effect, a price discount (rebate) or bribe.

Rebate (William Shakespeare)

To deprive of keenness.

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