From Longman Dictionary of Contemporary Englishinducementin‧duce‧ment /ɪnˈdjuːsmənt $ ɪnˈduːs-/ noun [countable, uncountable] PERSUADEa reason for doing something, especially something that you will get as a resultinducement to do something Businesses were offered inducements to move to the area. financial inducements to attract good job candidates
Examples from the Corpus
inducement• The company is offering discounts on long-distance calls as an inducement to customers.• The government want to use this as an inducement for developing countries to open up their markets.• I don't think the tax reduction will be an inducement to save more.• As a way of reducing the workforce, workers are being offered cash inducements to retire.• The prices are the main inducement - everything is much cheaper here than at the mall.inducement to do something• The prospect of good wages and modest gains provided ample inducement to serve; but there were no doubt other motives as well.• In many cases search and discovery technology as well as organized catalogs or directories are necessary inducements to purchasing decisions.• Unfortunately, fraud in itself has not been a sufficient inducement to force agricultural reform.From Longman Business Dictionaryinducementin‧duce‧ment /ɪnˈdjuːsməntɪnˈduːs-/ noun [countable, uncountable] something such as money or a gift that you are offered to persuade you to do somethingThere has to be a good inducement for investors to commit money to risky but socially worthwhile ventures. 