Incentive
volume
British pronunciation/ɪnsˈɛntɪv/
American pronunciation/ˌɪnˈsɛnɪv/, /ˌɪnˈsɛntɪv/

Definition & Meaning of "incentive"

Incentive
01

something that is used as an encouraging and motivating factor

02

a payment or concession to encourage someone to do something specific

example
Example
examples
The company offered a bonus as an incentive for employees to meet their sales targets.
The opportunity to travel abroad was a great incentive for volunteers to participate in the program.
Tax breaks were provided as an incentive for businesses to invest in renewable energy.
The promise of extra vacation days served as a strong incentive for the team to work harder.
The prospect of winning a prize served as an incentive for participants to enter the competition.
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