Exchange Currency

rebate

1. A partial refund following a purchase. 2. For a bill of exchange, a discount that is offered if the bill is paid before maturity. 3. The portion of interest on short sale proceeds that is paid out to the borrower of a bond as an incentive for them to borrow the stock from a specific source. When a short sale takes place, the short seller often borrows a security through a lender (who acts as an intermediary), who in turn borrows the security from an owner of custodian. The short sale's proceeds are then returned to the lender, who then invests the proceeds and earns interest on them. Certain short sellers might demand a portion of this interest, in order for them to do business with that particular lender.

Related information about rebate:
  1. Rebate (marketing) - Wikipedia, the free encyclopedia
    A rebate is an amount paid by way of reduction, return, or refund on what has already been paid or contributed. It is a type of sales promotion marketers use ...
     
  2. Rebate - Merriam-Webster Online
    to reduce the force or activity of : diminish. 2. : to reduce the sharpness of : blunt. 3. a : to make a rebate of. b : to give a rebate to. intransitive verb ...
     
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  4. rebate - definition of rebate by the Free Online Dictionary, Thesaurus ...
    A deduction from an amount to be paid or a return of part of an amount given in payment. tr.v. (r b t , r -b t ) re·bat·ed, re·bat·ing, re·bates. 1. To deduct or return ...
     
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  8. Apple - Rebates
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