Rebate/ˈriːbeɪt/ Definition 1 of 4Pro Tip 1/3Consumer Incentives Rebates are often used by companies to encourage customers to buy their products. I got a rebate for my new laptop during the holiday sale. Pro Tip 2/3Post-Purchase A rebate is typically claimed after you purchase an item, not at the point of sale. Send in the form to get your rebate within six weeks. Pro Tip 3/3Purchase Proof To claim a rebate, you often need to show proof of purchase, such as a receipt. Keep your receipt if you want to claim the rebate.