Okuzeka
Sales & Retail vocabulary · Negotiation & Pricing

Retroactive rebate

Meaning in sales & retail, with examples

nounAdvanced term

In sales & retail, retroactive rebate means: A rebate that applies back to eligible earlier purchases once an agreed buying threshold is reached.

In Turkish: geçmiş uygun alımlara da uygulanan iskonto

How it is used

State the qualifying period and purchase base; the rebate reaches back to eligible earlier purchases.

Example sentences

  1. Reaching 1,000 units triggers a retroactive rebate on all eligible units bought that year.

    The threshold changes the rebate on purchases made before it was reached.

  2. We excluded returned goods before calculating the customer's retroactive rebate.

    The eligible purchase base determines the final rebate amount.

Common collocations

  • annual retroactive rebate
  • retroactive rebate threshold
  • volume discountA lower price per unit given to a customer who buys a large quantity, often in steps: the more they buy, the bigger the discount.
  • payment termsThe conditions agreed for paying an invoice, such as how many days the buyer has to pay, any deposit and any discount for early payment.

More terms: Negotiation & Pricing

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