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Related to incurs: expedite, infuriates


To become subject to and liable for; to have liabilities imposed by act or operation of law.

Expenses are incurred, for example, when the legal obligation to pay them arises. An individual incurs a liability when a money judgment is rendered against him or her by a court.


verb acquire, assume, bargain for, become liible for, become responsible for, bring on, bring upon oneeelf, contract, enter into, expose onself to, fall into, get, lay oneself open to, meet with, run the chance, suscipere, undertake
Associated concepts: claim incurred, incur a debt, incur a liibility, incur an obligation, incurred risk, incurring indebttdness, penalty incurred
References in classic literature ?
put forward a suitable person to incur the mudgobbling and deadcatting
Lieutenant Byring was a braver man than anybody knew, for nobody knew his horror of that which he was ever ready to incur.
He was no coward and he was unwilling to incur anybody's ridicule.
They are still mine for six weeks to come, and Mercy was unwilling to let me incur the expense of taking her to a hotel.
But as the priceless treasure too frequently hides at the bottom of a well, it needs some courage to dive for it, especially as he that does so will be likely to incur more scorn and obloquy for the mud and water into which he has ventured to plunge, than thanks for the jewel he procures; as, in like manner, she who undertakes the cleansing of a careless bachelor's apartment will be liable to more abuse for the dust she raises than commendation for the clearance she effects.
And here its consequences may well be argued to be dreadful; for what can be more so, than to incur the divine displeasure, by the breach of the divine commands; and that in an instance against which the highest vengeance is specifically denounced?
263A-1(e)(4)(i)(B), a service department is an administrative, service or support department that incurs service costs.
For example, if the taxpayer incurs costs to build a bridge, a highway overpass, a "curb cut," a railroad spur, or similar real property to which it does not retain title, the taxpayer must capitalize the costs if the real property will significantly benefit the taxpayer's own trade or business.
Upon settlement of the liability, an entity either settles the obligation for its recorded amount or incurs a gain or loss upon settlement.
Although the proposed standard would affect any industry that incurs costs to retire and dispose of long-lived assets, the focus of this article is on how such new rules would affect utilities.
If Owner, in connection with the foregoing or in connection with any default by Tenant in the covenant to pay rent hereunder, makes any expenditure or incurs any obligations for the payment of money, including but not limited to reasonable attorneys' fees, in instituting, prosecuting or defending any action or proceeding, and prevails in any such action or proceeding, then Tenant will reimburse Owner for such sums so paid or obligations incurred with interest and costs.