'incentivize' originates from the word 'incentive,' which comes from Latin 'incentivum,' meaning 'something that sets the tune or incites.'

'incentive' transformed from the Latin word 'incentivum' and eventually became the modern English word 'incentive,' leading to the creation of 'incentivize.'

Initially, it meant 'to incite or encourage,' and this meaning has largely remained the same in modern usage.