Definition of "rebating" []

• Present participle of rebate. (verb)

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• "I believe a relatively simple, transparent policy of taxing carbon but rebating the revenues to consumers is more appealing than an overly complex regulatory scheme that is difficult to understand, particularly if the latter approach will also increase energy prices but not rebate revenues to consumers."
• "Other nations follow the same logic in rebating VAT to their exporters."
• "It must be hoped that the parallel move to let every town hall write its own rules for rebating council tax does not undermine the whole enterprise, by ensnaring national rationalisation in local variation."