in
cent
ive
Plural
incentives
1
something that is used as an encouraging and motivating factor
- 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.
- The company offered a bonus as an incentive for employees to meet their sales targets.
- The promise of extra vacation days served as a strong incentive for the team to work harder.
- Tax breaks were provided as an incentive for businesses to invest in renewable energy.
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2
a payment or concession to encourage someone to do something specific
- 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.
- The loyalty program offered discounts and rewards as incentives for frequent customers.
- The school provided scholarships as an incentive for students to excel academically.
- The government introduced subsidies as an incentive for farmers to adopt sustainable agricultural practices.
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