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Definition of: rebate
(rē′bāt, ri·bāt′) v.t. ·bat·ed, ·bat·ing
1. To allow as a deduction.
2. To make a deduction from.
3. Obs. To blunt, as a sharp edge.
—noun A deduction from a gross amount; discount: also re·bate′ment. [<OF rabattre beat down <re- again + abattre. See ABATE.]
—re′bat·er noun
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