windyMagician
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LSDefine
Simple English definitions for legal terms
incur
Read a random definition: General Agreement on Tariffs and Trade (GATT)
A quick definition of incur:
Term: INCUR
Definition: When you do something that causes you to have to pay money or be responsible for something bad happening, that is called incurring. For example, if you break a window, you will incur the cost of fixing it. The word "incur" means to suffer or bring on yourself a liability or expense. Another way to say this is that you are responsible for something that happened and now you have to deal with the consequences.
Related words: Incurrence (noun), incurrable (adjective)
A more thorough explanation:
Definition: To suffer or bring on oneself a liability or expense.
Example 1: If you don't pay your credit card bill on time, you will incur late fees.
Example 2: The company incurred significant losses due to the pandemic.
Explanation: In both examples, the subject is experiencing negative consequences as a result of their actions or circumstances. In example 1, the person did not pay their bill on time and as a result, incurred additional expenses in the form of late fees. In example 2, the company suffered financial losses due to the pandemic, which they did not have control over, but still had to bear the expense of.