rebate

Concise Oxford English Dictionary © 2008 Oxford University Press:
rebate1 /ˈriːbeɪt/

▶noun

• 1 a partial refund to someone who has paid too much for tax, rent, or a utility.

• 2 a deduction or discount on a sum due.

▶verb pay back as a rebate.

– derivatives
rebatable adjective.

– origin ME: from Anglo-Norman Fr. rebatre ‘beat back’, also ‘deduct’.

Concise Oxford English Dictionary © 2008 Oxford University Press:
rebate2 /ˈriːbeɪt/

▶noun a step-shaped recess cut in a piece of wood, typically forming a match to the edge or tongue of another piece. ▶verb (rebates, rebating, rebated)

• 1 make a rebate in.

• 2 join or fix with a rebate.

– origin C17: alt. of rabbet.