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scrappage

6.9

A payment to help people trade in old cars for new ones

noun
/ˈskræpɪdʒ/

: prémio de achatamiento

Many car owners took advantage of the scrappage incentive, receiving a payment when they disposed of their old vehicles.

Examples

In an effort to reduce pollution, the scrappage program offered financial support for those who replaced their old, inefficient machinery.
And so there will be a nice amount of of scrappage, but you got to have a threshold with scraps.
Higher vehicle prices and operating costs could slow penetration of these new vehicles into the marketplace, reducing scrappage rates of presumably dirtier old cars and thereby offsetting in the aggregate some of the reductions in emissions obtained from the purchase of a cleaner new vehicle.

Academic text (1993)
The government introduced a scrappage scheme to encourage people to trade in their old cars for newer, more environmentally friendly models.

Antonyms

retention

23 4.2

Keeping something so you still have it

disincentive

12 7.2

A thing that makes people less likely to do something

How Large

incentive

439 3.9

scrappage

6.9

to rebate

1 4.2

token payment

1 4.0

Surface Forms

scrappage singular

scrappages plural

Morphology

scrappage = scrap (opaque) = scrap + age

The form is built from 'scrap' + '-age', but the sense of a payment or incentive is a specialized policy term rather than a fully predictable result of that composition.

Etymology

Scrappage comes from scrap meaning 'old or useless things' and the ending -age meaning 'an act or result', like in postage. So scrappage often means a payment or offer to encourage people to turn an old car into scrap and buy a new one.