What's the difference between payment and rebate?

Payment


Definition:

  • (n.) The act of paying, or giving compensation; the discharge of a debt or an obligation.
  • (n.) That which is paid; the thing given in discharge of a debt, or an obligation, or in fulfillment of a promise; reward; recompense; requital; return.
  • (n.) Punishment; chastisement.

Example Sentences:

  • (1) However, some contactless transactions are processed offline so may not appear on a customer’s account until after the block has been applied.” It says payments that had been made offline on the day of cancellation may be applied to accounts and would be refunded when the customer identified them; payments made on days after the cancellation will not be taken from an account.
  • (2) At the heart of the payday loan profit bonanza is the "continuous payment authority" (CPA) agreement, which allows lenders to access customer bank accounts to retrieve funds.
  • (3) The way we are going to pay for that is by making the rules the same for people who go into care homes as for people who get care at their home, and by means-testing the winter fuel payment, which currently isn’t.” Hunt said the plan showed the Conservatives were capable of making difficult choices.
  • (4) Focusing on two prospective payment systems that operated concurrently in New Jersey, this study employs the hospital department as the unit of analysis and compares the effects of the all-payer DRG system with those of the SHARE program on hospitals.
  • (5) It ignores the reduction in the wider, non-NHS cost of adult mental illness such as benefit payments and forgone tax, calculated by the LSE report as £28bn a year.
  • (6) But the company's problems appear to be multiplying, with rumours that suppliers are demanding earlier payment than before, putting pressure on HTC's cash position.
  • (7) Finally, before the advent of the third-party payment, operations were avoided because of the financial burden.
  • (8) Initial analysis suggests that about one-fifth of gross costs would be directly returned to the public purse via income tax and national insurance payments.
  • (9) In 2013 it successfully applied for a Visa Innovation Grant , a fund for development and non-profit organisations seeking to adopt or expand the use of electronic payments to those living below the poverty line.
  • (10) Pensioners, like those in receipt of long-term social welfare payments or those who can prove they cannot provide their heating needs during winter, are entitled to a means-tested weekly winter fuel allowance of €20 (£ 14.54) per household.
  • (11) Most (86 percent) had educational debt (mean = $20,500), and more than half of those with debt were making loan payments.
  • (12) It would cost their own businesses hundreds of millions of pounds in transaction costs, it would blow a massive hole in their balance of payments, it would leave them having to pick up the entirety of UK debt.
  • (13) Tomorrow the courts are expected to sign off a $97.5m payment by the company to its shareholders, after investors took a class action lawsuit against the company.
  • (14) The payments were for services ranging from "project management" to "HR consultancy", according to the academy chain's company accounts.
  • (15) The four most common types of insurance that protect your income are income protection insurance, critical illness cover, life insurance, and payment protection insurance.
  • (16) In a 2011 interview with the Financial Times he said: “JPMorgan doesn’t have a chance in hell of not coming up with a big settlement.” He claimed: “There were people at the bank who knew what was going on.” The payment brings the total of fines imposed on JP Morgan to nearly $20bn in the past year.
  • (17) Gerson Zweifach, general counsel for both News Corp and 21st Century Fox , Murdoch’s film and TV business, said: “We are grateful that this matter has been concluded and acknowledge the fairness and professionalism of the Department of Justice throughout this investigation.” It is understood there has been no background settlement with the Department of Justice in order to avoid a full-blown investigation, contrary to speculation in New York over a year ago that the company was looking at a possible payment of over $850m.
  • (18) The payments are now more likely to made in shares issued monthly.
  • (19) Applications from Serbia, which account for 10% of the total, stem mostly from the dissolution of former Yugoslavia: payment of army reservists, access to savings in present-day Bosnia and Herzegovina, pensions in Kosovo.
  • (20) Without action today, the winter fuel payment would have decreased in value this coming winter.

Rebate


Definition:

  • (v. t.) To beat to obtuseness; to deprive of keenness; to blunt; to turn back the point of, as a lance used for exercise.
  • (v. t.) To deduct from; to make a discount from, as interest due, or customs duties.
  • (v. i.) To abate; to withdraw.
  • (n.) Diminution.
  • (n.) Deduction; abatement; as, a rebate of interest for immediate payment; a rebate of importation duties.
  • (n.) A rectangular longitudinal recess or groove, cut in the corner or edge of any body; a rabbet. See Rabbet.
  • (n.) A piece of wood hafted into a long stick, and serving to beat out mortar.
  • (n.) An iron tool sharpened something like a chisel, and used for dressing and polishing wood.
  • (n.) A kind of hard freestone used in making pavements.
  • (v. t.) To cut a rebate in. See Rabbet, v.

Example Sentences:

  • (1) UK negotiatiors, though, fought back hard -- thus Cameron's fighting talk in his press conference ( see 12.46pm ) 12.49pm BST Open Europe tweets Cameron's tough talk on the rebate: Open Europe (@OpenEurope) Cameron: in Feb we reached a clear deal rebate would remain unchanged, since then some have tried to question this agreement June 28, 2013 Open Europe (@OpenEurope) Cameron: I defeated these attempts to change the rebate, it will remain unchanged for this long term budget June 28, 2013 12.46pm BST David Cameron press conference underway In Brussels, David Cameron is holding his press conference now.
  • (2) Senior government sources have confirmed the budget razor gang has the fuel tax credit (formerly known as the diesel fuel rebate) “firmly in its sights” – a scheme that rebates miners and farmers and others for the off-road use of diesel.
  • (3) Established methods of drug product management, such as formularies and MACs, were most commonly reported by HMOs; however, nearly half reported using new approaches, including contracts with manufacturers, incentives, such as discounts and rebates based on use, and exclusive or preferred status.
  • (4) If there had been no rebate, the UK would have paid more to the common budget than the other countries.
  • (5) We will retain the UK rebate, but it must be bearable for the other net contributors."
  • (6) He also launched a strong attack on Labour, which brokered an above-inflation increase and placed the British EU rebate on the table when it led the last budget negotiations during the 2005 UK presidency of the EU.
  • (7) Although it will include some $150bn in tax relief for people on low and middle incomes, the Obama administration's emphasis on spending marks a shift from the approach of George Bush, who tried to stimulate the economy over the summer simply by sending out millions of tax rebate cheques.
  • (8) The deputy prime minister and leader of the Nationals, Warren Truss, said: “Nothing that comes out of Paris will affect or have any impact on the diesel fuel rebate.” George Christensen, a Liberal National party MP based in regional Queensland, said signing the proposed communique would be “madness”.
  • (9) Banks and insurance companies regulated by the Bank of England are receiving a £8m rebate on the fees they pay to fund the banking watchdog – partly as a result of a fine imposed on Royal Bank of Scotland .
  • (10) As Guardian Australia reported, the government was also seriously considering changes to the rebate paid to farmers and miners for the off-road use of diesel, but after fierce lobbying from both sectorsit is understood to have dropped the idea.
  • (11) Brussels has never liked the UK’s rebate and it seems unlikely an independent Scotland would be allowed to keep a share of it.
  • (12) It would approach EU negotiations on the basis of "continuity of effect", meaning that it would expect the provisions that apply to the UK (ie, euro opt-out, the rebate) to continue to apply.
  • (13) The people who are the super-super-rich buying their houses for £140m, this is not necessarily going to affect them because they have got their tax rebates and their amazing accountants.
  • (14) Cameron showed he would fight hard to retain the rebate when he was asked on Wednesday by the Tory MP David Nuttall to give a commitment that he would not agree to further reductions.
  • (15) Following Money's intervention, HomeServe rang Rayner, explained why his premium had risen, and gave him a £100 rebate.
  • (16) All he is doing is simply counting the rebate that was due anyway, a rebate that was never in doubt, trying to fool people into thinking the bill has been halved.
  • (17) It has emerged that ministers are considering how to persuade most of the country's 27m homeowners to take part in the flagship scheme - which could lead to incentives such as a rebate on council tax or stamp duty.
  • (18) Lawyers acting on behalf of three jobseekers including Cait Reilly – the unemployed graduate forced to work unpaid in Poundland – are hoping to overturn a controversial law introduced by the DWP in March which allowed the department to ignore court judgments awarding more than £100m in benefits rebates to a quarter of a million jobseekers.
  • (19) The changes to rebates for short consultations were part of the government’s “plan B” for Medicare , after Abbott and Dutton conceded in December that the budget policy to introduce a co-payment would not pass the Senate.
  • (20) This could begin as early as daycare, with accredited agencies being funded to provide children aged one to four with specialty education about water familiarisation and general water safety – including teaching toddlers how to ‘swim to the side to stay alive’.” Hart called on the government to offer swimming lesson rebates to help reduce the financial burden, which can reach up to $300 per term .