incurrence

[inˈkərəns]

incurrence Definition

the act of acquiring or becoming subject to something undesirable, especially debt or expenses.

Using incurrence: Examples

Take a moment to familiarize yourself with how "incurrence" can be used in various situations through the following examples!

  • Example

    The incurrence of debt is a common problem for many people.

  • Example

    The incurrence of additional expenses was not anticipated in the budget.

  • Example

    The incurrence of new liabilities has put a strain on the company's finances.

incurrence Synonyms and Antonyms

📌

Summary: incurrence in Brief

The term 'incurrence' [inˈkərəns] refers to the act of acquiring or becoming subject to something undesirable, especially debt or expenses. It is often used in formal contexts and can be synonymous with words like 'accrual,' 'accumulation,' and 'acquisition.' Examples include 'The incurrence of debt is a common problem for many people,' and 'The incurrence of additional expenses was not anticipated in the budget.'