A cash rebate is a financial incentive offered by companies to encourage customers to purchase their products or services. When a customer buys an item, they may receive a percentage of the purchase price back as a rebate, usually after submitting a claim. This can be a way for businesses to attract more buyers and boost sales. Cash rebates can be found in various industries, including electronics, automotive, and retail. They are often advertised as a way to save money, making products more appealing. Customers typically receive their rebate through a check or direct deposit after fulfilling the necessary requirements, such as providing proof of purchase.