Rebate is a term used to describe a variety of financial transactions. SUBTRACTION (11 letters) is the process of taking away from a total amount, KICKBACK (8 letters) is a payment made in return for a favor or service, ABATEMENT (9 letters) is a reduction in the amount of a tax or debt, REIMBURSEMENT (13 letters) is the act of compensating someone for an expense, COMPENSATION (12 letters) is a payment made to someone in exchange for goods or services, REPAY (5 letters) is to pay back money that has been borrowed, DEDUCTION (9 letters) is an amount taken away from a total, DECREASE (8 letters) is a reduction in size, DISCOUNT (8 letters) is a reduction in price, and REFUND (6 letters) is the act of returning money to someone who has paid too much. All of these terms are related to the concept of rebate, which is the act of returning money to someone who has paid too much.