Consumer Incentives

2 words in this vocabulary list

sweepstakes scrappage incentive

sweepstakes

noun a race or other contest for which the prize consists of the stakes contributed by the various competitors

  • Participants can enter the sweepstakes by filling out an entry form.
  • Hey, have you entered that sweepstakes yet? You could win some cool stuff!
  • I never win anything in those sweepstakes, it's just a waste of time.
  • Winning the sweepstakes felt like hitting the jackpot.

scrappage incentive

noun a word that can serve as the subject or object of a verb

  • The government introduced a new scrappage incentive to encourage people to trade in their old cars for newer, more environmentally friendly models.
  • Hey, did you hear about that new scrappage incentive? You can get money back for trading in your old car!
  • I'm thinking about taking advantage of that scrappage incentive deal to upgrade my ride.
  • The company's decision to offer a scrappage incentive was like a breath of fresh air for their struggling sales numbers.