in·cen·ti·vize

[in-sen-ti-vahyz]
verb (used with object), in·cen·ti·vized, in·cen·ti·viz·ing.
to give incentives to: The government should incentivize the private sector to create jobs.

Origin:
1965–70, Americanism

incent, incentivize.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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World English Dictionary
incentivize or incentivise (ɪnˈsɛntɪˌvaɪz) [Click for IPA pronunciation guide]
 
vb
(tr)
 a.  to provide (someone) with a good reason for wanting to do something: why not incentivize companies to relocate?
 b.  to promote (something) with a particular incentive: an incentivized share option scheme
 
incentivise or incentivise
 
vb

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
00:10
Incentivize is always a great word to know.
So is flibbertigibbet. Does it mean:
a gadget; dingus; thingumbob.
a chattering or flighty, light-headed person.
Example sentences
We should continue to require increasing fuel efficiency from our vehicles and
  incentivize vehicles that don't run on petroleum.
It also might incentivize parents to invest more in their kids educations.
Fishing communities are benefiting from new rights that incentivize long-term
  economic benefits over short-term gains.
These triggers would ultimately incentivize lawmakers to build a substantive
  and strategic budget for our country.
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