rebate (bonus)

A rebate, or bonus payment made, is a variant of an off-invoice price reduction.

Unlike the discount, the rebate is not granted immediately after the purchase. This form of financial reimbursement is particularly common between manufacturers and dealers. Depending on the sales volume achieved by the dealer in a defined period of time, a corresponding amount of the purchase price is refunded by the manufacturer to the dealer. The higher the achieved sales volume, the higher the refund. The rebate is often related to the turnover achieved in a linear or staggered manner. In practice, however, there are also many non-performance-related rebates, such as the anniversary bonus. Companies with complex and individual rebates often have a condition management system in place specifically developed for this purpose.

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