rebate
1. [ noun ] (business) a refund of some fraction of the amount paid
Synonyms: discount
Related terms: refund rent-rebate
2. [ verb ] join with a rebate, as of pieces of timber or stone
Related terms: join rabbet
3. [ verb ] as of timber or stone
Synonyms: cut_a_rebate_in
Related terms: cut rusticate rabbet
4. [ verb ] (business) give a reduction in the price during a sale
Examples:

"The store is rebating refrigerators this week"

Related terms: discount
5. [ noun ] a rectangular groove made to hold two pieces together
Synonyms: rabbet
Related terms: groove rabbet
Similar spelling:   repute
  repeat
  refute
  rebato
  revet
  repot
  refit
  rebut