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Dictionary Meaning and Definition on 'Incentive'

Incentive Meaning and Definition from WordNet (r) 2.0
    incentive n
  1. a positive motivational influence [syn: inducement, motivator] [ant: disincentive]
  2. an additional payment (or other remuneration) to employees as a means of increasing output [syn: bonus]
Incentive Meaning and Definition from Webster's Revised Unabridged Dictionary (1913)
    Incentive \In*cen"tive\, a. [L. incentivus, from incinere to strike up or set the tune; pref. in- + canere to sing. See Enchant, Chant.]
  1. Inciting; encouraging or moving; rousing to action; stimulative. Competency is the most incentive to industry. --Dr. H. More.
  2. Serving to kindle or set on fire. [R.] Part incentive reed Provide, pernicious with one touch of fire. --Milton.
Incentive Meaning and Definition from Webster's Revised Unabridged Dictionary (1913)
    Incentive \In*cen"tive\, n. [L. incentivum.] That which moves or influences the mind, or operates on the passions; that which incites, or has a tendency to incite, to determination or action; that which prompts to good or ill; motive; spur; as, the love of money, and the desire of promotion, are two powerful incentives to action. The greatest obstacles, the greatest terrors that come in their way, are so far from making them quit the work they had begun, that they rather prove incentives to them to go on in it. --South. Syn: Motive; spur; stimulus; incitement; encouragement; inducement; influence.
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Wikipedia Meaning and Definition on 'Incentive'

In economics and sociology, an incentive is any factor (financial or non-financial) that enables or motivates a particular course of action, or counts as a reason for preferring one choice to the alternatives. It is an expectation that encourages people to behave in a certain way.

Incentives can be classified according to the different ways in which they motivate agents to take a particular course of action. One common and useful taxonomy divides incentives into three broad classes:

(There is another common usage in which incentive is contrasted with coercion, as when economic moralists contrast incentive-driven work—such as entrepreneurship, employment, or volunteering motivated by remunerative, moral, or personal incentives—with coerced work—such as slavery or serfdom, where work is motivated by the threat or use of violence. In this usage, the category of "coercive incentives" is excluded. For the purposes of this article, however, "incentive" is used in the broader sense defined above.)

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'Incentive' in famous quotation sentence

* Weary the path that does not challenge. Doubt is an incentive to truth and patient inquiry leadeth the way. - Hosea Ballou

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Incentive Sample Sentences in News

  • Research and Markets: Incentive Compensation Survey of Architecture, Engineering, Planning & Environmental Consulting ...
    Research and Markets has announced the addition of the "Incentive Compensation Survey of Architecture, Engineering, Pl Read more on this news related to 'Incentive'
  • $50 million incentive to help SMEs go green
    In an effort to encourage occupants and tenants of commercial buildings to adopt better energy efficient practices, Singapores Building and Construction Authority (BCA) has rolled out a $50 million Green Mark Incentive Scheme targeting small and medium enterprises (SMEs). Launched yesterday during Singapore Green Building Week 2014, the scheme will co-fund up to 5 Read more on this news related to 'Incentive'
  • Update: Oz Grants Disney Transfer Of Tax Incentive To Lure ‘Pirates 5′ Down Under
    UPDATE, MONDAY SEPT 1, 2:12 AM : The Australian government has approved the reassignment of a A$21.6M ($20.2M) tax incentive for Disney to bring the shoot for Pirates Of The Caribbean: Dead Men Tell No Tales Down Under. In 2013, those same funds had been earmarked for 20,000 Leagues Under The Sea: Captain Nemo , but the studio is understood to have asked for a tra Read more on this news related to 'Incentive'

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