English · Work & Business

incentive

/ɪnˈsen.tɪv/

[/ɪnˈsen.tɪv/]

motivating reward

Intermediatenoun

Definition

Something that motivates or encourages a person to act in a particular way.

Example

Tax breaks were offered as an incentive for companies to invest in cleaner technology.

Tax breaks were offered as an incentive for companies to invest in cleaner technology.

Etymology

From Latin 'incentivum' (something that sets the tune), from 'incinere' (to sing).

How & Where It’s Used

Common in economics, business, and policy discussion.

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motivationeconomics

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