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-A rebate means refund.and it is money given back after payment.
-sometimes it has the same as a discount when it refers to a deduction of the price during a sale.
A deduction is a deduction in the price that we pay in the store
A deduction in the purchase price given to the buyer, by the seller for various reasons, is known as discount. It is an Marketing strategy.
The rebate is the amount of the purchase price refunded by the seller to the buyer, when the quantity purchased reaches the specified limit. It is an Sales promotion strategy.
