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Incentive vs Concession - What's the difference?

incentive | concession |

As nouns the difference between incentive and concession

is that incentive is something that motivates, rouses, or encourages while concession is the act of conceding, especially that of defeat.

As an adjective incentive

is inciting; encouraging or moving; rousing to action; stimulating.

As a verb concession is

to grant or approve by means of a concession agreement.

incentive

Noun

(en noun)
  • Something that motivates, rouses, or encourages.
  • * {{quote-magazine, date=2013-06-07, author=David Simpson
  • , volume=188, issue=26, page=36, magazine=(The Guardian Weekly) , title= Fantasy of navigation , passage=It is tempting to speculate about the incentives or compulsions that might explain why anyone would take to the skies in [the] basket [of a balloon]: perhaps out of a desire to escape the gravity of this world or to get a preview of the next; […].}}
  • A bonus or reward, often monetary, to work harder.
  • Antonyms

    * disincentive

    Derived terms

    * incentivise/incentivize, tax incentive

    Adjective

    (en adjective)
  • Inciting; encouraging or moving; rousing to action; stimulating.
  • * Dr. H. More
  • Competency is the most incentive to industry.
  • Serving to kindle or set on fire.
  • * Milton
  • Part incentive reed / Provide, pernicious with one touch of fire.

    concession

    English

    Noun

    (en noun)
  • the act of conceding, especially that of defeat
  • something, such as an argument, that is conceded or admitted to be wrong
  • (rhetoric) Admitting a point to strengthen one's overall case.
  • the grant of some land to be used for a specified purpose
  • (chiefly, US) a contract to operate a small business as a subsidiary of a larger company, or within the premises of some institution; the business itself and the space from which it operates
  • (Canada) In Ontario, a small road between tracts of farmland.
  • Derived terms

    * concessioner

    See also

    * paromologia * paromology

    Verb

    (en verb)
  • To grant or approve by means of a concession agreement.
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