inducement Definition
- 1something that persuades or influences someone to do something
- 2a payment or concession offered to someone as a motive for doing something
Using inducement: Examples
Take a moment to familiarize yourself with how "inducement" can be used in various situations through the following examples!
Example
The company offered a financial inducement to encourage staff to relocate.
Example
The promise of a bonus was an inducement to work harder.
Example
The low-interest rate is an inducement to borrow money.
inducement Synonyms and Antonyms
Synonyms for inducement
- incentive
- motivation
- stimulus
- encouragement
- persuasion
Antonyms for inducement
Phrases with inducement
a set of incentives or benefits offered to someone to persuade them to do something
Example
The government has introduced an inducement package to attract foreign investors.
a sum of money offered to someone to persuade them to do something
Example
The company made an inducement payment to secure the contract.
a sum of money given to someone to encourage them to do something
Example
The council awarded an inducement grant to the local business.
Origins of inducement
from Latin 'inducere', meaning 'to lead in'
Summary: inducement in Brief
The term 'inducement' [ɪnˈdjuːsmənt] refers to something that persuades or influences someone to do something, often in the form of a payment or concession. It can be used in phrases like 'inducement package,' which offers incentives or benefits, and 'inducement payment,' which is a sum of money offered to persuade someone. 'Inducement' is a formal term that can also be synonymous with 'incentive' or 'persuasion.'
