Rebate

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Related to rabbet: rabbet plane, rabbet joint

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 long boards go between the short boards with the grooves facing up and the frame-rest rabbets on the long boards facing toward the inside of the box.
STEP 17: After the glue has cured, square up the corners of the screen groove and the screen stop rabbet. Use a 1/8-inch chisel for the groove and a fine-toothed saw and wider chisel to cut the rabbet.
Rabbet 1 and rabbet 2 joints were the weakest but not significantly different from each other.
This is the quick and easy way to make a rabbet cut along the top edges of bottom piece and the bottom inside edges of the sides, front, and back, instead of taking the time to set up a dado blade.
I like to use rabbet joints, since they're a little stronger but still easy to cut.
The "goal" box was then finished with a black backing board, cut 20 1/4 by 24 1/2 inches to fit into the back rabbet of the frame.
The processing components include first and second pairs of chipper canter units with novel chipper heads, a pair of rabbet units in which each has a pair of cutter heads on concentric telescopic shafts and power-driven rolls for off-feeding pieces of lumber of differing widths.
When nailing the top corners of the supers, be sure to place the corner nail down low enough so that it does not go into the rabbet joint instead of the wood itself.
The silver lace trim needed to line the underside of the rabbet so that the scalloped edge would peak out onto the backing board.
Wood frames should use rabbet lined with a barrier.
Run a bead of yellow glue in each rabbet, fit the front end in place, and secure it with three finishing nails driven through the sides.
Bernkopf ripped a 1/2- by 3/4-inch rabbet along the inside edge of each upright, then screwed the plywood panels in place.