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What is the difference between rebate and discount?

rebate | discount | Synonyms |

Discount is a synonym of rebate.



As nouns the difference between rebate and discount

is that rebate is a deduction from an amount to be paid; an abatement while discount is a reduction in price.

As verbs the difference between rebate and discount

is that rebate is to deduct or return an amount from a bill or payment while discount is to deduct from an account, debt, charge, and the like; to make an abatement of.

As an adjective discount is

of goods, available at reduced prices; discounted.

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 ----

    discount

    Verb

    (en verb)
  • To deduct from an account, debt, charge, and the like; to make an abatement of.
  • Merchants sometimes discount five or six per cent for prompt payment of bills.
  • To lend money upon, deducting the discount or allowance for interest; as, the banks discount notes and bills of exchange.
  • * Walsh
  • Discount only unexceptionable paper.
  • To take into consideration beforehand; to anticipate and form conclusions concerning (an event).
  • To leave out of account; to take no notice of.
  • * Sir William Hamilton
  • Of the three opinions, (I discount Brown's), under this head, one supposes that the law of Causality is a positive affirmation, and a primary fact of thought, incapable of all further analysis.
  • :They discounted his comments.
  • To lend, or make a practice of lending, money, abating the discount; as, the discount for sixty or ninety days.
  • Noun

    (en noun)
  • A reduction in price.
  • A deduction made for interest, in advancing money upon, or purchasing, a bill or note not due; payment in advance of interest upon money.
  • The rate of interest charged in discounting.
  • Synonyms

    * (reduction in price) rebate, reduction

    Antonyms

    * surcharge

    Derived terms

    * quantity discount * rediscount * seasonal discount

    Descendants

    * German:

    Adjective

    (-)
  • Of goods, available at reduced prices; discounted.
  • This store specializes in discount wares.
  • Of a store, specializing in goods at reduced prices.
  • If you're looking for cheap clothes, there's a discount clothier around the corner.

    Anagrams

    * English heteronyms ----