Dictionary Meaning and Definition on 'Incentive'
- a positive motivational influence [syn: inducement, motivator] [ant: disincentive]
- an additional payment (or other remuneration) to employees as a means of increasing output [syn: bonus]
- Incentive \In*cen"tive\, a. [L. incentivus, from incinere to
strike up or set the tune; pref. in- + canere to sing. See
- Inciting; encouraging or moving; rousing to action; stimulative. Competency is the most incentive to industry. --Dr. H. More.
- Serving to kindle or set on fire. [R.] Part incentive reed Provide, pernicious with one touch of fire. --Milton.
- 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;
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.)[See more about Incentive at Dictionary 3.0 Encyclopedia]
Words and phrases related to 'Incentive'
'Incentive' in famous quotation sentence
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Incentive Sample Sentences in News
- Infinity Incentive Group Reveals How to Avoid Top 3 Common Summer Travel Complaints
LAKE HAVASU CITY, Ariz. -- via PRWEB - The Infinity Incentive Group complaints resolution group knows that sometimes, unfortunate things can happen to travelers while they are on vacation. Whether it is ... Read more on this news related to 'Incentive'
- SDRL -Seadrill announces result of voluntary incentive offer to convert the US$650 million 3.375% 2017 convertible bond
Hamilton, Bermuda, July 28, 2014 - Seadrill Limited ("Seadrill" or the "Company") is pleased to announce that holders of US$648.6 million of principal amount of Seadrill`s convertible ... Read more on this news related to 'Incentive'
- Nasdaq CEO says maker-taker model has value, but fees too high
Nasdaq OMX's chief urged U.S. regulators on Monday to re-examine the pricing model that stock exchanges use to attract trading, joining the debate about a fee-based incentive for traders that has come under scrutiny in recent months. Robert Greifeld called for a re-evaluation of the "maker-taker" model, in which exchanges pay rebates to traders who b Read more on this news related to 'Incentive'