Words / S / Business

spiff

noun/spɪf/

C2CEFR level
90/100Rarity: very rare
TechnicalRegister

A short-term cash incentive paid to reps for pushing a specific product or hitting a near-term target.

We ran a spiff on the new module, and bookings tripled for the fortnight.

Similar: sales incentive

Topic: Sales in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Sales