Webincentivize definition: 1. to make someone want to do something: 2. to make someone want to do something: 3. to make…. Learn more. WebThe term incentive means an inducement that motivates or stimulates one to action in a desired direction. Therefore, any wage system that induces a worker to produce more is called “incentive wage system.” Incentive wage is a monetary inducement offered to employees to show the performance beyond the standard fixed.
ECONOMIC INCENTIVE definition Cambridge English Dictionary
WebDefine Government Incentive. means a payment, including, without limitation, a payment in respect of any performance-based incentive or rebates, by a utility, electric distribution company or federal, state or local Governmental Authority or quasi-governmental agency, and any extension of the program (including by converting the program into a refundable … WebDefinitions of incentive noun a positive motivational influence synonyms: inducement, motivator see more noun an additional payment (or other remuneration) to employees as … birmingham junction
Fiscal incentive definition and meaning - Collins Dictionary
Webnoun [ C ] TAX, GOVERNMENT uk us a reduction in taxes that encourages companies or people to do something that will help the country's economy: Tax incentives worth … WebMar 17, 2024 · incentive ( plural incentives ) Something that motivates, rouses, or encourages . 2013 June 7, David Simpson, “Fantasy of navigation”, in The Guardian Weekly [1], volume 188, number 26, page 36: It is tempting to speculate about the incentives or compulsions that might explain why anyone would take to the skies in [the] basket [of a ... WebA financial incentive is money that a person, company, or organization offers to encourage certain behaviors or actions. Specifically, behaviors or actions that would not otherwise have occurred. The financial incentive, or monetary benefit, motivates certain behaviors or … dan from gossip girl actor