inducement
IPA: ɪndˈusmʌnt
noun
- An incentive that helps bring about a desired state. In some contexts, this can imply bribery.
- (law) An introductory statement of facts or background information.
- (shipping) The act of placing a port on a vessel's itinerary because the volume of cargo offered at that port justifies the cost of routing the vessel.
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Examples of "inducement" in Sentences
- "What inducement is there to do it"? and so forth, and so on.
- Because less than that is not going to offer them a long-term inducement to eschew nuclear weapons.
- AGREEMENTS.If one strategy to induce favorable decisions or agreements is an attempt to make the alternative to such agreement worse, a complementary strategy is inducement, that is, to make agreement more valuable.
- This refers to the desertions of the H.B. Co. Free-hunters under inducement from the American traders, concerning which there has been some reflection cast upon Gen.W. H. Ashley, but without real evidence to support it.
- The definition of corruption in terms of Act 94 of 1992, which serves as the basis for prosecution, is mainly predicated on the notion of inducement and seems to ignore the inherent conflict of interest between public and private interest.
- Another way of putting it is that in selecting a glass company for an insurance-covered repair, the consumer is acting as an agent for the insurance company, and as such an agent the consumer is taking a monetary inducement from a particular vendor to throw business to that vendor.
- The amount of current investment will depend, in turn, on what we shall call the inducement to invest; and the inducement to invest will be found to depend on the relation between the schedule of the marginal efficiency of capital and the complex of rates of interest on loans of various maturities and risks.
- [Page 4] are not yet completely free: War, and the consequent enslavement of women, has been the main inducement to Polygamy, with its conception of women as property, and its debasement of love to physical enjoyment: War has engendered and perpetuated that dominance of man as a military animal which has pervaded every social institution from Parliament downwards.
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