incentive
in
ˌɪn
in
cent
ˈsɛn
sen
ive
ɪv
iv
British pronunciation
/ɪnsˈɛntɪv/

Definition & Meaning of "incentive"in English

Incentive
01

something that is used as an encouraging and motivating factor

example
Examples
The opportunity to travel abroad was a great incentive for volunteers to participate in the program.
The prospect of winning a prize served as an incentive for participants to enter the competition.
02

a payment or concession to encourage someone to do something specific

example
Examples
The company offered a bonus as an incentive for employees who exceeded their sales targets.
Tax incentives are often used by governments to encourage investment in renewable energy.
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