price incentive — a financial reward or discount offered to encourage customers to buy a product or service
Part of speech: NOUN
Definition: a financial reward or discount offered to encourage customers to buy a product or service
Pronunciation (IPA): /praɪs ɪnˈsentɪv/
Example Sentences
- The smartphone company's price incentive was so good that people camped outside the store like it was a K-pop concert.
- Many retailers use price incentives during Black Friday to boost sales.
- The price incentive was so tempting that even my frugal grandmother bought three pairs of shoes she didn't need.
price incentive
NOUN[/praɪs ɪnˈsentɪv/]
a financial reward or discount offered to encourage customers to buy a product or service
a financial reward or discount offered to encourage customers to buy a product or service
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🎤Pronunciation
🌳Etymology
Origin
Price derives from Old French 'pris' (value, worth), ultimately from Latin 'pretium' (price, value). Incentive comes from Latin 'incentivus' (inciting, stimulating), formed from 'incendere' (to set on fire, to kindle), metaphorically meaning to motivate or spur action.
Breakdown
Price: from Old French 'pris' meaning value or worth. Incentive: in- (into) + -centiv- (from Latin 'incendere', to kindle/ignite) + -e (adjective suffix), literally meaning 'something that sets alight' or motivates action.
🎵Rhyme
🔗Collocations
📝Examples
“The smartphone company's price incentive was so good that people camped outside the store like it was a K-pop concert.”
“Many retailers use price incentives during Black Friday to boost sales.”
“The price incentive was so tempting that even my frugal grandmother bought three pairs of shoes she didn't need.”
📚Related Words
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