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increment

 
 
/ˈɪnkrəmənt/ noun [C]

Definition

HR a regular increase in the amount that someone is paid: Most staff will receive an annual increment. There are six-monthly salary increments during the two-year training period.
one of a series of increases: in increments of sth The vouchers are sold in increments of €10 from a minimum purchase of €20 to a maximum of €200. The speed of the machine can be increased by small increments.
(Definition of increment noun from the Cambridge Business English Dictionary © Cambridge University Press)
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