incentiveɪnˈsɛn tɪv
incentive (n)
- plural
- incentives
English Definitions:
incentive, inducement, motivator (noun)
a positive motivational influence
bonus, incentive (noun)
an additional payment (or other remuneration) to employees as a means of increasing output
incentive (Noun)
Something that motivates, rouses, or encourages.
Incentive
An incentive is something that motivates an individual to perform an action. The study of incentive structures is central to the study of all economic activities. Economic analysis, then, of the differences between societies largely amounts to characterizing the differences in incentive structures faced by individuals involved in these collective efforts. Ultimately, incentives aim to provide value for money and contribute to organizational success.
Incentive
In general, incentives are anything that persuade a person to alter their behaviour. It is emphasised that incentives matter by the basic law of economists and the laws of behaviour, which state that higher incentives amount to greater levels of effort and therefore, higher levels of performance.
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"incentive." Kamus.net. STANDS4 LLC, 2025. Web. 16 Mar. 2025. <https://www.kamus.net/english/incentive>.
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