Question

Choose the one which is nearest in meaning to-
Rebate
a- Commission
b- Interest
c- Discount
d- Gift

Answer 1

Hint: A synonym refers to a word that is completely or partially the same in meaning as another word. For example- Obverse is a synonym for the opposite. ‘Rebate’ refers to an amount of money that is paid back after one has paid too much money.

Complete answer:
 The word ‘rebate’ has been derived from the Anglo-Norman French word- Rebatre, which means beat back.
We know the meaning and the origin of the word ‘rebate’. Now, let’s look at its usage:
For example- Our company is initiating a special offer for the buyers in the form of a rebate if they choose to purchase a vehicle. Here, we can comprehend that X’s company is initiating a special offer for their buyers in the form of a discount or refund if they choose to purchase a vehicle.
Let’s decipher the meaning of the given options-
Option a- ‘Commission’ refers to an assignment or a piece of work given to an individual or a group. For example- one of my first commissions was to design a social media strategy. ‘Commission’ is different in meaning to the given context. Hence, it is an incorrect option.
Option b- ‘Interest’ refers to a share or portion in a financial undertaking. For example- The holders of ration cards were advised to disclose their interests. ‘Interest’ is different in meaning to the given context. Hence, it is an incorrect option.
Option c- ‘Discount’ refers to a concession or deduction from the actual price of something. For example- He offered me a grand discount for the car. ‘Discount’ is similar in meaning to the given context. Hence, it is the correct option.
Option d- ‘Gift’ refers to a voluntary donation or offering. For example- The businessman gifted a bonus to all his employees. ‘Gift’ is different in meaning to the given context. Hence, it is an incorrect option. The correct answer is Option ‘c’.

Note:
 Some other synonyms of ‘rebate’ are; refund, deduction, concession, etc while some antonyms of ‘rebate’ are; rise, increase, etc.