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 businesses offering rebates are used to seeing a lot customers forgetting to send in the paperwork," said Annmarie Lanesey, founder of RebateHero.
Although reports indicate that May retail spending did increase, the day-by-day analysis of Gallup's tracking data (displayed above) shows that rebate penetration was quite low as May began and had only reached about a third of all adults by the time May ended.
You'll receive your rebate in the same payment form that you paid for the conference.
reached a settlement with the Federal Trade Commission (FTC) over complaints about excessive delays in rebate processing.
Office Depot and CompUSA allow customers to print rebate forms, which must be submitted via mail.
The discount is funded by rebate agreements with drug manufacturers.
The rebates offered varied depending on the type of new model consumers chose.
I'm talking about channel rebates and, whether you're a reseller or a manufacturer, you'd better get that monkey off your back and soon.
Some custom rebates require that an engineering study be prepared and measurements taken to confirm performances.
In stark contrast to those results, the proposed regulations treat a rebate assigned to a consolidated finance subsidiary and subsequently reassigned to the dealer differently.
The catalog will list all rebate offers that will be available at Eckerd each month--some 1.
We do not think that the degree to which problems exist has been sufficiently established to justify additional general regulation in the area of refinancing disclosures, rebate calculation methods, and rate commitments.