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What is a cash back rebate?

Definition: Cash Rebate. Credit card cash-back rebate: It is common for some credit cards to offer cash back on purchases charged to the card. The rebate amounts vary according to the terms of the card. The rebate amount may get credited automatically to the customer’s account or he can choose what he wants to do with the rebate balance.

What is rebate in accounting?

What is a 'Rebate'. A rebate is the portion of interest or dividends earned by the owner (lender) of a stock that is paid by a short seller (borrower) of the stock. The borrower is required to pay interest and dividends to the owner. Short selling requires a margin account. Next Up. Short Sale. Credit Balance. Short Covering.

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