Meaning of the word incentives in English

What does incentives mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

incentives

US /ɪnˈsɛntɪvz/
UK /ɪnˈsɛntɪvz/

Plural Noun

things that encourage someone to do something

Example:
The company offers various incentives to its employees, such as bonuses and flexible working hours.
Tax incentives are often used to encourage investment in certain industries.
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