BusinessAcademic Word List
incentive
noun
Definition
A thing that motivates or encourages someone to do something.
In a sentence
“Tax incentives were introduced to encourage businesses to invest in renewable energy.”
Synonyms
motivationinducementreward
Common collocations
- financial incentive
- tax incentive
- provide incentives
More from Business
entrepreneur
noun
A person who organises and operates a business, taking on financial risk to do so.
globalisation
noun
The process by which businesses develop international influence or operate on an international scale.
revenue
noun
Income generated by a business from its normal business activities.
supply chain
noun
The network of organisations involved in producing and delivering a product to the consumer.
