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6.
Rebate means to masturbate again.
Pete knocked on the bathroom door, saying, "Hey Fred, we're playing softball, what are you doing in there?"

"I'm having a rebate," said Fred, "I'll be right out."

*
by scodder July 18, 2010
 
1.
A false promise to reimburse someone cash for buying a product. Originally from the term re-bait which means to lure or trick someone over and over again. In order to make a product seem less expensive, some manufacturers offer a rebate of cash if you buy their product and them follow vague and difficult instructions that involve cutting things out, stapling things together, photocopying, mailing or shipping items and them waiting six months for a check that never comes. If the company really wanted you to save money, they would just have a promotional sale.
See also RIP-OFF, MAIL FRAUD.
I wonder what happened to my rebate?
by robin graves February 21, 2004
 
2.
To follow up a masturbation session with another masturbation session.
Saturday night was lonely so I wanked then out of boredom I rebated.
by Phil Heckleson February 16, 2014
 
3.
When masturbating once wasn't enough.
Go away, rebate'n
by Gimli June 25, 2009
 
4.
Coupon-like discounts that Indians hunger for.
"The mahallah-hallah demanded I pay for my trip to India entirely in rebates."
by JBFBeagle February 24, 2008
 
5.
rebate: to have a comeback in a rap/rhyme battle against another rapper.
Yo, his rebate was tight!
by MCdayday69 February 09, 2012
 
7.
when a skiing/snowboard trick or jump attempt does not work. then you go back and try it again.
got to go rebate that shit
by sean180 February 11, 2008