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incentivize

From Wiktionary, the free dictionary

English

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Alternative forms

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Etymology

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From incentive +‎ -ize.

Pronunciation

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Verb

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incentivize (third-person singular simple present incentivizes, present participle incentivizing, simple past and past participle incentivized) (American spelling, Oxford British English)

  1. (transitive, business, economics) To provide incentives for; to encourage.
    The US government seeks to incentivize home ownership through a favorable tax system.
    • 2024 October 30, Ethan Lang, “Toronto council to consider rental development incentives”, in CBC.ca[1]:
      City staff are recommending ways Toronto can incentivize the construction of 20,000 purpose-built rental homes.
  2. (transitive, business, economics) To provide incentives to.
    They effectively incentivized people to overinvest in home ownership.

Usage notes

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  • Used relatively more than incent to refer to the use of systems of incentives.

Antonyms

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Derived terms

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Translations

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Further reading

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