incurrence
1
8.6
- noun
- /ɪnˈkɜːrns/
- Formal
- incurrence of cost
Examples
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From which there is a release, or a threatened release which causes the incurrence of response costs of a hazardous substance, shall be liable for...
Academic text (1990) -
Although judicial oversight has largely come to define the bankruptcy system, governmental oversight has increased over time, both with respect to bankruptcy administration itself and with respect to aspects of the financial system that may significantly affect the incurrence of debt in the first instance.
Academic text (2017) -
In 1983, after the incurrence of significant cost overruns, the WPPSS defaulted on $22.5 billion worth of bonds, and two of three plants were mothballed.
Academic text (1992) -
The monograph provides a schema that integrates a wide variety of transactions through the REA structure, such as the issuing of material requisitions, the transfer of goods to finished goods inventory, and the incurrence of direct labor costs.
Academic text (1990) -
Third, the government may not excise the further express requirement in CERCLA section 107(a) that the plaintiff prove that the alleged release or threatened release causes the incurrence of the costs sought to be recovered.
Academic text (1990) -
The incurrence of debt can lead to serious financial problems if not managed properly.
-
He was worried about the incurrence of additional penalties due to late payments.
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Many companies face challenges after the incurrence of unexpected costs during projects.
Antonyms
How Serious
Surface Forms
Morphology
Etymology
The word incurrence comes from the Latin parts in- 'into' and currere 'to run', so it originally meant to 'run into' something. So to incur a debt or penalty is to end up responsible for it — you have 'run into' that cost.