v. To beat to obtuseness; to deprive of keenness; to blunt; to turn back the point of, as a lance used for exercise.v. To deduct from; to make a discount from, as interest due, or customs duties.v. To return a portion of a sum paid, as a method of discounting of prices.verb-intransitive. To abate; to withdraw.n. Diminution.n. Deduction; abatementn. A portion of a sum paid, returned to the purchaser, as a method of discounting. The rebate is sometimes returned by the manufacturer, after the full price is paid to the retailer by the purchaser.n. A rectangular longitudinal recess or groove, cut in the corner or edge of any body; a rabbet. See rabbet.n. A piece of wood hafted into a long stick, and serving to beat out mortar.n. An iron tool sharpened something like a chisel, and used for dressing and polishing wood.n. A kind of hard freestone used in making pavements.v. To cut a rebate in. See rabbet, v.