Incentivize: meaning, definitions and examples
💰
incentivize
[ ɪnˈsɛntɪˌvaɪz ]
business motivation
To provide someone with motivation or incentive to do something, typically through rewards or benefits.
Synonyms
encourage, inspire, motivate, stimulate
Examples of usage
- Companies often incentivize their employees with bonuses for meeting sales targets.
- In order to incentivize customers to make a purchase, the company offered a discount.
- The government incentivized the use of renewable energy by providing tax credits.
- Offering a free trial can incentivize potential customers to sign up for the service.
- Employee of the month programs are used to incentivize high performance.
Translations
Translations of the word "incentivize" in other languages:
🇵🇹 incentivar
🇮🇳 प्रोत्साहित करना
🇩🇪 anreizen
🇮🇩 mendorong
🇺🇦 стимулювати
🇵🇱 zachęcać
🇯🇵 奨励する
🇫🇷 inciter
🇪🇸 incentivar
🇹🇷 teşvik etmek
🇰🇷 장려하다
🇸🇦 تحفيز
🇨🇿 povzbuzovat
🇸🇰 povzbudiť
🇨🇳 激励
🇸🇮 spodbujati
🇮🇸 hvetja
🇰🇿 ынталандыру
🇬🇪 წახალისება
🇦🇿 təşviq etmək
🇲🇽 incentivar
Word origin
The term 'incentivize' first appeared in the mid-20th century and is derived from the noun 'incentive,' which comes from the Latin word 'incentivus,' meaning 'setting the tune.' Incentivize gained popularity in business and economic contexts as a way to describe the act of providing motivation or rewards to encourage certain behaviors or actions.