what is incremental

Incremental refers to something that happens gradually, in a series of small amounts. It can be used to describe something that increases in value or worth, often by a regular amount. For example, a company may make incremental improvements to its existing products. In the context of business, incremental cost refers to the extra cost that a company incurs if it manufactures an additional quantity of units. The term can also be used to describe a series of small, regular tax hikes.