Incentive

/ɪnˈsɛntɪv/intermediatenoun

Diwali bonuses, rooftop solar subsidies, and first-generation scholarships all work through the same mechanism: a reason that makes action worth it.

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Meaning

A reason that encourages action.

Memory trick

IN-CENT-IVE: it puts cents (value) inside the action.

Examples

1

Subsidies create green incentives.

2

The company offered a Diwali bonus as an incentive to clear the backlog.

3

Scholarships are the strongest incentive for first-generation college applicants.

Synonyms

motivestimulusinducementspurimpetuslurecarrot

Antonyms

deterrentdisincentivediscouragementdamper

Etymology

From Late Latin incentivum "a provocation," from incinere "to strike up a tune." An incentive strikes the note that moves people.

Usage Notes

Policy and economics staple: incentives shape behavior without force. Name the incentive and the exact action it buys.

Real-life contexts

1

Use in policy: "Tax breaks act as an incentive for rooftop solar."

2

Use at work: "The referral incentive doubled hiring."

3

Use in study: "Keep the topper’s interview as your incentive."

Common Mistakes

An incentive encourages; it is not a reward already earned. "Incentivize" is corporate jargon: prefer "motivate" or "reward" in clean prose.

Incentive: Meaning, Examples & How to Remember It | WordFlippin