Rebate


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Related to Rebate: Tax rebate

Rebate

Negotiated return of a portion of the interest earned by the lender of stock to a short seller. When a stock is sold short, the seller borrows stock from an owner or custodian and delivers it to the buyer. The proceeds are delivered to the lender. The borrower, who is short, often wants a rebate of the interest earned on the proceeds under the lender's control, especially when the stock can be borrowed from many sources. Note: The seller must pay the lender any dividends paid out or, in the case of bonds, interest that accrues daily during the term of the loan.

Rebate

1. In an option, the amount that the holder is paid by the writer if the contract expires unexercised. It is usually a portion of the premium the holder originally paid.

2. In a short sale, the interest or dividends to which the lender of a security otherwise would be entitled but instead passes on to the borrower (who is the short seller).

rebate

(1) A refund. (2) A kickback. Kickbacks from settlement providers are illegal under the Real Estate Settlement and Procedures Act.

Rebate

Same as Negative Points.

References in periodicals archive ?
The maximum standard rebate is $650, but supplemental rebates for qualifying homeowners can boost rebates to $975.
To download rebate coupons for your customers, visit www.
The online rebate clearinghouse features a powerful search function that allows shoppers to search for every day and big-ticket brand name items from a broad range of retailers and manufacturers.
Gallup Poll tracking data document the degree to which the rebates have made their way into Americans' bank accounts or mailboxes, with the percent reporting having received their rebate jumping from a minimal 3% in late April to the current 45%.
The $75 rebate on the NTI registration fee is available to any chapter member.
Staples, the country's leading retailer of office products, implemented an online rebate program last November.
Current rebate program oversight does not ensure that manufacturer-reported prices or price determination methods are consistent with program criteria specified in the rebate statute, rebate agreement, and Centers for Medicare & Medicaid Services (CMS) program memoranda.
We're putting (the rebate money) in their savings accounts for college,'' said Eileen Rohus, a forensics psychology student and mother of three in Alta Loma.
Supplemental rebate programs require drug manufacturers to provide states rebates in addition to those already provided to Medicaid through rebate agreements with the secretary.
Prior to the announcement of the new agreement, GE said that it had reached the individual owners of most of the old dishwashers and some 89,000 consumers had taken advantage of the rebate offer.
I don't know how many product launch meetings I've attended in which channel strategy gets glossed over with the simplistic: "Hey, how about a $ (insert amount here) rebate for the channel?
Updating of air-conditioning systems is an energy-saving opportunity that is covered by many utility rebate programs.