There are multiple definitions - click on the translation that matches your context.

Rabatt

Substantiv

partial

discount

noun

Comparative law notes

The function behind both the German and English concepts is to allow the supplier to reduce his or her price, at his or her discretion, and to reward certain customer conduct (loyalty, quick payments, "buy now" incentives). The German concept is a bit narrower and tied more closely to customer motivation to purchase. Be aware of a false friend, "rebate", which is understood among Americans as more of a partial refund, even though it often also results in what is effectively a discount.

Definitions of discount

a reduction in the face value of a share or security etc; a reduction in the usual price of something

When interest rates rose in the bond market, Keenan had to offer a discount of $1,000 per bond.