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The states of Rebate Record and Rebate Record Group and their transitions.

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Draft – The object is new.
Submitted – The object was submitted for approval and is currently in the process of Approval Workflow.
Approved – The object was submitted (usually by a user) and then approved by all steps of the approval workflow. Or the approval workflow was empty, and so there was no need for approval.
Revoked – The object was revoked (usually by the user).
Invalidated – The Rebate Agreement was either superseded or invalidated, so all its unapproved Rebate Records and Rebate Record Groups objects gets Invalidated.