Online Encyclopedia

REBATE (Fr. rabat, from rabattre, to ...

Online Encyclopedia
Originally appearing in Volume V22, Page 949 of the 1911 Encyclopedia Britannica.
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REBATE (Fr.
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rabat, from rabattre, to beat back)
  , a
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term used in commerce, banking, &c . In banking, a rebate is an allowance made to a drawee taking up a
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bill of
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exchange before it is due . This allowance is the
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interest on the unexpired period of the bill, and in practice may be either a fixed or arbitrary
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rate; more often it is z °/o, about the usual
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bank deposit rate . In commerce, rebate is sometimes used to mean a
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discount allowed for prompt payment; it is often
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equivalent to
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drawback, i.e. the repayment of
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part of the duty on imported goods when such goods are subsequently exported in their
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original or in another form . By the Customs Consolidation Act, 1853, a rebate or deduction is allowed at the custom-house from the fixed duties on certain kinds of goods, on account of damage or loss sustained in warehouses . i See Prisse d'Avennes, L'
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Art arabe d'apres
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les monuments du Caire du vii' au xviiie siecle (Paris, 1877) . The unnumbered plates are to be identified by the list given at the beginning of the
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work . ' For the
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illustration, see
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Jean Cledat, " Le monastere et la necropole de Baouit," Mein. de l'Inst. fr. d'archeol. orient. du Caire, tome xii., 1904 . Chapelle, xviii. pl. lxiv . (2) . Descriptive text, p . 92 .

See also

article " Baouit " by the same author, descriptive of the paintings in F . Cabrol's Dict. d'arch. chret. et de liturgie (Paris, 1907), Ease. xii . B., p .

End of Article: REBATE (Fr. rabat, from rabattre, to beat back)
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