Incentive system definition

Incentive system means the components of the host system (whether hardware, software, or both and whether integral to the MCS or integrated with the MCS) that control incentive transactions. Gaming devices involved in incentive transactions are also part of the incentive system. Gaming devices not involved in incentive transactions are not part of the incentive system.
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Incentive system means measures used to encourage persons to perform at high and acceptable levels.
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Examples of Incentive system in a sentence

  • This meeting also adopted a resolution on “Implementation of the Program on Industrial Cooperation among the Member States” which included recommendations on a) Promotion of joint ventures, b) Incentive system for joint ventures, c) joint investment companies, and d) a technical cooperation in the field of industry.

Related to Incentive system

  • Management Incentive Plan means the Company’s bonus program, as implemented by the Company’s board of directors from time to time and pursuant to which the Executive may receive incentive-based compensation at fiscal year end.

  • Incentive Plans means any incentive, bonus, deferred compensation or similar plan or arrangement currently or hereafter made available by Employer in which Executive is eligible to participate.

  • incentive plan award means compensation awarded, earned, paid, or payable under an incentive plan;

  • Incentive Plan means any plan providing compensation that depends on achieving certain performance goals or similar conditions within a specified period;

  • Incentive Compensation Plans means annual incentive compensation plans and long‑term incentive compensation plans of the Company, which long‑term incentive compensation plans may include plans offering stock options, restricted stock and other long‑term incentive compensation.