What's the difference between rebate and refund?

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 .

Refund


Definition:

  • (v. t.) To fund again or anew; to replace (a fund or loan) by a new fund; as, to refund a railroad loan.
  • (v. t.) To pour back.
  • (v. t.) To give back; to repay; to restore.
  • (v. t.) To supply again with funds; to reimburse.

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) The train operator advised passengers to use alternative routes with South West Trains and Chiltern Trains and has offered refunds to travellers who decide not to travel on Saturday.
  • (3) However, according to the the Professional Financial Claims Association (PFCA), only about half of the sums paid out represent refunded payments.
  • (4) Oliver's departure followed the exit of Kenneth Tong last Thursday, which forced Channel 4 to abandon the planned eviction vote on Friday and offer a refund to viewers who had already voted.
  • (5) When she appealed, East Coast apologised but incredibly refused a refund, until Money intervened.
  • (6) Passengers who have paid but choose not to travel due to this service disruption can receive a refund or a voucher for future travel,” the operator said.
  • (7) He said the fact so many people had not approached their bank showed how important it was that they should be forced to automatically refund their customers if they lost the case.
  • (8) "Energy suppliers benefiting from credits on customer accounts and failing to respond to requests to refund them was turning into a bone of contention.
  • (9) A spokesman for the SLC says: “We apologise to Miss Rodrigues for any inconvenience she encountered in arranging a refund of her overpaid balance and for any incorrect information she was given regarding interest.
  • (10) Some people will receive the refund in the form of a reduction in what they owe.
  • (11) Don't ignore the letter; your bank has written to you because it believes it may have mis-sold you PPI and this is your chance to respond and get a refund of your premiums.
  • (12) The full effect on sales has yet to be seen as the airline offered full refunds to passengers who had booked to fly later in the year after the shooting down of MH17.
  • (13) People who have already bought a case are entitled to a free cash refund.
  • (14) Then, earlier this month, a tentative legal settlement was reached that required Frey and his American publisher, Doubleday, to provide refunds to readers who felt they were defrauded in buying a book classified as memoir.
  • (15) I’m sorry to hear that happened, but that person will have a one person connection to go to to explain that’s happened to sort out.” In a later statement, a council spokesman said: “We are very sorry if this has happened and we are working to find out who has been affected so we can offer reassurance and an immediate refund.
  • (16) In practice most train companies will issue a refund when train services are delayed, irrespective of what caused the delay.
  • (17) Non-medical psychotherapists are not eligible for refunds by the health insurance system.
  • (18) A spokeswoman for NatWest confirmed it will not refund Wilson as she had "willingly handed over the money".
  • (19) However, this is BT we are dealing with, and even after we raised this with the company’s HQ, it was still rather hard work getting a proper refund.
  • (20) Despite the fact that the weight recorded on the seller's proof of posting showed that the parcel had been filled, and that the buyer refused to cooperate with Royal Mail's investigation, eBay found in the buyer's favour and refunded him.