What is REBATE? Discount; reducing the interest of money in consideration of prompt payment. Also a deduction from a stipulated premium on a policy of insurance, in pur- suance of an antecedent contract. Also a deduction or drawback from a stipulated payment, charge, or rate, (as, a rate for the transportation of freight by a railroad,) not taken out in advance of payment, but handed back to the payer after he has paid the full stipulated sum.
Samsung Galaxy S7 Edge. The best smartphone currently on the market can also take a dive. Rated at IP68 for dust and water protection, the Galaxy S7 Edge can be submerged in up to 5 feet of water for up to 30 minutes.
Consumer Reports: Samsung phone not actually water-resistant. A water-resistant Samsung Galaxy S7 Edge smartphone is submerged in water Feb. 22, 2016, during a preview of Samsung's flagship store in New York's Meatpacking District. Consumer Reports says a Samsung phone that's advertised as being water-resistant actually isn't. The problem appears limited to the Galaxy S7 Active, a rugged model available only through AT&T in the U.S. The standard S7 and S7 Edge models have the same claims on water resistance and passed tests.