From Longman Dictionary of Contemporary Englishincrementin‧cre‧ment /ˈɪŋkrəmənt/ noun [countable] 1 BEWa regular increase in the amount of money someone is paid a salary of £18,000, with annual increments of 2.5%2 B formalINCREASE IN NUMBER OR AMOUNT the amount by which a number, value, or amount increases
Examples from the Corpus
increment• Few countries can afford increments in their recurrent budget.• An increment is a small step from the existing position.• Trainees are paid on Clinical Scientist grade A, which is currently £9,239 p.a. increasing by annual increments.• Annenberg donated $150 million to be paid in increments of $10 million for 15 years.• The President, however, makes it clear that there will be no increment in federal funds.• It warns policymakers not to get tangled up with averages but to focus instead on increments.• Automatic pay increments based on length of service will be abolished.• The contract includes a salary increment every six months.• Proponents argue that each additional dollar of income received by a household will yield smaller and smaller increments of satisfaction.• Here the increment in individual risk from a slight increase in contact rate is negligible, assuming the individual acts alone.• He lost the ten years' increments.annual increments• Trainees are paid on Clinical Scientist grade A, which is currently £9,239 p.a. increasing by annual increments.• The lowest is Grade 7 and would include Assistant Keepers starting on £24,379 rising by annual increments to £29,073.From Longman Business Dictionaryincrementin‧cre‧ment /ˈɪŋkrəmənt/ noun [countable]1HUMAN RESOURCESan amount that is regularly added to someone’s payAutomatic pay increments based on length of service will be abolished.2STATISTICSthe amount by which a number, value etc increasesThe tariff increases by increments of £50.Origin increment (1400-1500) Latin incrementum, from increscere; → INCREASE1 