Discounted (7)
'discounted' is the definition.
(I've seen this before)
This is all the clue.
(Other definitions for reduced that I've seen before include "Decreased, cut down" , "brought down" , "Impoverished" , "Lessened" , "Shortened" .)
(Other definitions for rebated that I've seen before include "paid back" , "Given some money back" .)