if a ball or other moving object rebounds, it moves quickly back away from something it has just hit [↪ ricochet]
His shot on goal rebounded off the post.
if prices, values etc rebound, they increase again after decreasing [= recover]:
Share prices rebounded today after last week's losses.
3 [intransitive and transitive]DSB
to catch a basketball after a player has tried but failed to get a point