Tuesday, February 2, 2010

rebate, refund, discount,


A deduction from an amount to be paid or a return of part of an amount given in payment.
rebate
n rebate [ˈriːbeit]
a part of a payment, tax etc which is given back to the person paying it.
refund - money returned to a payer
rent-rebate - a rebate on rent given by a local government authority

No comments:

Post a Comment