Financial Incentive

A financial incentive is a monetary reward or benefit offered to motivate a specific behavior or action. It can take the form of discounts, bonuses, subsidies, or commissions, encouraging individuals or organizations to make certain choices that align with their goals or the interests of the entity offering the incentive. For example, a company might offer rebates to customers for purchasing eco-friendly products, or a government might provide tax credits to promote renewable energy use. Financial incentives are designed to influence decision-making by making desired behaviors more attractive financially.