Incentivize
/ɪnˈsɛntɪvaɪz/
Definitions
- (v.) To provide incentives or motivate a party to act, typically by offering rewards or benefits in a legal or contractual context.
The contract was designed to incentivize timely delivery by offering bonuses.
Forms
- incentivizes
- incentivized
- incentivizing
Related terms
See also
Commentary
Commonly used in contracts and negotiations to encourage desired actions through specified benefits or rewards.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.