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incentivization system

/ɪnsɛntɪvɪˌzeɪʃən ˈsɪstəm/ · in.cen.ti.vi.za.tion sys.tem
noun
  1. A structured approach to motivating individuals or organizations to achieve specific goals or behaviors. The company implemented an incentivization system to reward employees for meeting sales targets.
noun
  1. A set of policies and procedures designed to encourage desired outcomes or behaviors in a particular context. The government introduced an incentivization system to promote sustainable energy practices.
Did you know? The concept of incentivization has been used in various fields, including business, education, and sports, to motivate individuals to achieve their best performance.
Written by Lexi Wordsworth, Dictionary Editor 0 lookups Added Jul 23, 2026