Rebated

The adjective 'rebated' describes something that has had a portion of its price or cost reduced, often as a temporary incentive, a discount, or a return of a portion of the purchase price. It suggests a financial advantage or saving for the buyer, and often implies that the reduced price is offered by a seller to encourage a purchase. rebated can apply to a wide range of goods and services, from consumer products to professional services. It is often a term associated with sales and marketing strategies, intended to increase sales volume or market share. The effect is to lower costs and improve profit.

Rebated meaning with examples

• The new refrigerator was advertised as rebated, with a $200 instant discount. This made it significantly more affordable compared to similar models, boosting sales. The customers were keen to take advantage of the rebate. Because of the rebate, consumers are able to buy higher priced items.
• After purchasing the software, the customer was eligible for a rebated price after submitting a proof of purchase, saving the customer some money on this expensive product. The rebate was a good incentive for getting the product and a good way for the company to get the information from its customers.
• The auto dealership offered a rebated price on the latest SUV models to clear out the previous year's inventory, which resulted in a boost in the sales of the year-old model and a reduction of inventory. This brought many customers.
• Travel agents sometimes offer rebated fares on certain flight routes to attract customers and fill seats on less popular flights, allowing the companies to gain more profit. Many people would travel by air with these sorts of rebates.
• During the holiday season, the electronics store often provided rebated gift cards to customers who bought specific items, encouraging them to spend more. They would buy all sorts of items for Christmas.