Rebate

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Related to rebates: Coupons

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 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.
Because this large time period includes the early days of the rebate distribution period, the overall percentages of those reporting rebates across the entire sample are lower.
Submit your rebate application anytime after you receive confirmation that your NTI registration has been processed.
Several retailers, including Best Buy and Office Max, have found rebates so problematic that they've decided to stop using them entirely.
The list includes the rebate amount, limit, and expiration date.
The program requires drug manufacturers to provide supplemental rebates.
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.
First, channel rebates at product launch bleed away margins at the one time in the product life cycle when you should be able to reasonably demand your best prices.
The rebate amounts are so substantial that in some cases the amount of the rebate can reduce the payback period to less than one year.
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.
Instead of using the traditional rebate pads, Eckerd will merchandise suppliers' rebates via its united rebate promotion system, which will permit customers to combine all their rebates into one monthly mailing.
Proposed section 115 would require prompt rebates of unearned finance charges and insurance premiums upon prepayment of any consumer loan, regulate the methods for computing rebates, and require disclosure of loan balances.