A rebate is an amount paid back as a refund on what has already been paid for a purchase. It is a type of sales promotion where customers are refunded part of the purchase price. Rebates are intended to encourage customers to make purchases.

1. Name: Group: 5- Term: IV
Date: / 2015
Teacher: MARTHA LILIANA ARDILA IBARRA

2. A rebate is an amount paid by
refund on w hat has already been
paid. It is a type of sales
promotion.