Legal Definitions - incur

To "incur" means to become subject to or responsible for something, typically a financial cost or a legal obligation. It signifies bringing a liability or expense upon oneself.

To incur means to become subject to something undesirable, such as a debt, expense, or obligation, as a direct result of one's actions or circumstances.

Here are some examples to illustrate this term:

• When a small business owner decides to expand their office space, they will incur significant renovation costs and increased monthly rent. This means that by choosing to expand, the business owner directly brings upon themselves these new financial obligations and expenses.

• A driver who is found at fault for a car accident may incurlegal liability for the damages to the other vehicle and any medical expenses of the injured parties. In this situation, the driver's actions (causing the accident) lead to them becoming responsible for these financial and legal obligations.

• If a person fails to pay their credit card bill on time, they will likely incur late fees and additional interest charges. These extra costs are brought upon the individual as a direct consequence of their failure to meet the payment deadline.