Incur

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Incur

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.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.
References in periodicals archive ?
According to the handwritten letter accompanying his application, Hemingway's reasons for his eagerness were threefold: He wanted "to return to Cuba for residence in order to repair damage to my farm [Finca Vigia] there incured [sic] through the October 1944 hurricane and to write a novel," (3) probably Islands in the Stream; he also mentioned that he had "irreplaceable reservations for self and children" and added in a superscript "(Spring Vacation)." From all accounts, the hurricane left little damage to Hemingway's residence, but Hemingway was certainly anxious to return to Cuba, stating that it "is imperative that have passport validated [sic]" and asking for the process to be expedited.
is greater than the tax treatment of profits that would have been incured had no loss
Income-decreasing example: Mortgage company chose not to defer direct fees/costs associated with successful loan efforts, and instead expensed costs as incured and recognized income (fees) as received.
That is, to record revenues as they are billed and expenses as they are incured, not necessarily as they are received or paid.
It is alleged the couple submitted a false invoice for accommodation expenses incured by Mrs Woodward while staying at the home of her daughter's American lawyer, Ms Elaine Whitfield Sharp, during the trial.
"I would have hated to miss out on Mulligan in that sort of form," said Maguire, who added that he's likely to appeal over his six-day ban for irresponsible riding incured at Kempton on Saturday.
Depending on the deal worked out, vendors can pay for advertising, in-store entertainment, product, public relations surrounding the event and other expenses incured. "
That increase nearly recouped losses incured during 1986.
They said they invested huge sums for the crop but have incured huge losses due to low rate of their produce.