The difference between Discount and Rebate
When used as nouns, discount means a reduction in price, whereas rebate means a deduction from an amount that is paid.
When used as verbs, discount means to deduct from an account, debt, charge, and the like, whereas rebate means to deduct or return an amount from a bill or payment.
Discount is also adjective with the meaning: specializing in selling goods at reduced prices.
check bellow for the other definitions of Discount and Rebate
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Discount as a verb:
To deduct from an account, debt, charge, and the like.
Examples:
"Merchants sometimes discount five or six per cent for prompt payment of bills."
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Discount as a verb:
To lend money upon, deducting the discount or allowance for interest
Examples:
"usex the banks discount notes and bills of exchange"
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Discount as a verb:
To take into consideration beforehand; to anticipate and form conclusions concerning (an event).
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Discount as a verb:
To leave out of account or regard as unimportant.
Examples:
"They discounted his comments. "
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Discount as a verb:
To lend, or make a practice of lending, money, abating the discount
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Discount as a noun:
A reduction in price.
Examples:
"This store offers discounts on all its wares. That store specializes in discount wares, too."
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Discount as a noun:
A deduction made for interest, in advancing money upon, or purchasing, a bill or note not due; payment in advance of interest upon money.
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Discount as a noun:
The rate of interest charged in discounting.
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Discount as an adjective (of a, store):
Specializing in selling goods at reduced prices.
Examples:
"If you're looking for cheap clothes, there's a discount clothier around the corner."
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Rebate as a noun:
A deduction from an amount that is paid; an abatement.
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Rebate as a noun:
The return of part of an amount already paid.
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Rebate as a noun (photography):
The edge of a roll of film, from which no image can be developed.
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Rebate as a noun:
A rectangular groove made to hold two pieces (of wood etc) together; a rabbet.
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Rebate as a noun:
A piece of wood hafted into a long stick, and serving to beat out mortar.
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Rebate as a noun:
An iron tool sharpened something like a chisel, and used for dressing and polishing wood.
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Rebate as a noun:
A kind of hard freestone used in making pavements.
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Rebate as a verb (transitive):
To deduct or return an amount from a bill or payment
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Rebate as a verb (transitive):
To diminish or lessen something
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Rebate as a verb:
To beat to obtuseness; to deprive of keenness; to blunt; to turn back the point of, as a lance used for exercise.
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Rebate as a verb (transitive):
To cut a rebate (or rabbet) in something
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Rebate as a verb:
To abate; to withdraw.
Examples:
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