A corporate-jargon non-word meaning "motivate," coined in 1968. Some 10 years later, it was shortened to the equally annoying verb "incent." Unfortunately, both are recognized by both Merriam-Webster and the OED.

The only respectable form of the word is the noun "incentive."

From STEM, an abbreviation short for "Science, Technology, Engineering and Mathematics", a STEMlord is a pejorative term for a particular kind of person who has studied in these areas at university or works in these fields who holds a pretentious, condescending attitude to anyone who has studied in any other fields, particularly the Arts and Humanities. They typically believe themselves to be more "intelligent" and "rational", while generally remaining incredibly ignorant outside of their areas of expertise and having the charisma of a rotting pig's backside.

Verb, apparently. American version of the much simpler root word "incent".

Why they can't seem to cope with this much simpler word, I don't know.. obviously doesn't sound important enough.