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Rebate vs Debit - What's the difference?

rebate | debit |

As a verb rebate

is .

As a noun debit is

flow, rate of flow.

rebate

English

Noun

(en noun)
  • A deduction from an amount to be paid; an abatement.
  • The return of part of an amount already paid.
  • (photography) The edge of a roll of film, from which no image can be developed.
  • A rectangular groove made to hold two pieces (of wood etc) together; a rabbet.
  • * '>citation
  • A piece of wood hafted into a long stick, and serving to beat out mortar.
  • An iron tool sharpened something like a chisel, and used for dressing and polishing wood.
  • A kind of hard freestone used in making pavements.
  • Verb

    (rebat)
  • To deduct or return an amount from a bill or payment
  • To diminish or lessen something
  • To beat to obtuseness; to deprive of keenness; to blunt; to turn back the point of, as a lance used for exercise.
  • * Shakespeare
  • But doth rebate and blunt his natural edge.
  • To cut a rebate (or rabbet) in something
  • To abate; to withdraw.
  • (Foxe)

    Anagrams

    * * * English transitive verbs ----

    debit

    English

    (wikipedia debit)

    Noun

    (en noun)
  • In bookkeeping, an entry in the left hand column of an account.
  • A cash sale is recorded as debit on the cash account and as credit on the sales account.
  • A sum of money taken out of a bank account. Thus called, because in bank's bookkeeping a cash withdrawal diminishes the amount of money held on the account, i.e. bank's debt to the customer.
  • Derived terms

    * debit card

    See also

    * credit

    Verb

    (en verb)
  • To make an entry on the debit side of an account.
  • To record a receivable in the bookkeeping.
  • ''We shall debit your account for the amount of the purchase.
    We shall debit the amount of your purchase to your account.

    Adjective

    (-)
  • of or relating to process of taking money from an account
  • of or relating to the debit card function of a debit card rather than its often available credit card function {as used by US Postal Service, Walmart, and other payees
  • Antonyms

    * credit

    Derived terms

    * debit card

    Anagrams

    *