incentivization

noun

in·​cen·​tiv·​i·​za·​tion in-ˌsen-ti-və-ˈzā-shən 

: the act or practice of offering or providing someone with an incentive to do something : the action of incentivizing someone

Even with a clear picture of the extent and nature of the local doctor shortage, attracting additional doctors will not be easy, since doing so often necessitates moving them in from other areas … and necessitates incentivization.

—Brandon Mayer

… incentivization represents one of the most important attractions toward a certain type of casino brand. In most cases, they are the deciding factor since they represent a clear advantage for the players.

—The Gettysburg (Pennsylvania) Times

Word History

Etymology

incentivize + -ation

First Known Use

1967, in the meaning defined above