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the act or state of incurring
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014


(ɪnˈkɜr əns, -ˈkʌr-)

the act or process of incurring.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.incurrence - the act of incurring (making yourself subject to something undesirable)
commitment - an engagement by contract involving financial obligation; "his business commitments took him to London"
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
These refer to appropriations available to support programs or projects that require the incurrence of obligations beyond one fiscal year.
incurrence of liabilities excluding financial derivatives decreased $118.3 billion in the first quarter to $167.9 billion.
Adjusted EBITDA of USD0.2m was recorded for the year ended 31 December 2018,down from Adjusted EBITDA of USD4.8m for the year ended 31 December 2017, due to the higher selling, general and administration expenses caused by the incurrence of additional costs relating to the commercial organisation due to the launch of ZYPITAMAG and higher research and development expenses related to the company's product development pipeline.
On April 14, 2019, the company filed a pre-packaged chapter 11 plan of reorganization, which if approved, will fully equitize the company's outstanding prepetition funded debt, authorize incurrence of a fully committed exit facility, and satisfy all trade, customer, employee, and royalty claims in full in the ordinary course of business and without change or interruption to its normal payments process.
TransDigm expects the acquisition to be financed primarily through cash on hand and the incurrence of new term loans, and currently anticipates the acquisition to be modestly accretive to TransDigm's adjusted earnings per share within the first year of ownership.
The Annual Development Programme (ADP) projects involve incurrence of expenditure on the part of the executing agency -- communication and works department-- and its booking in SAP system.
Bonds issued to fund KKR's (A/Stable) $9.9 billion buyout of Envision and for Blackstone's (A+/Stable) $13.5 billion acquisition of a 55% stake in Refinitiv last month did not contain a debt incurrence test for the use of their builder baskets.
This resulted in the incurrence of negative slippages or delay in the implementation of the contract by from 15 percent to as much as 91 percent.
'It also includes incurrence of expenditure not dictated by the demands of good government, and those the utility of which cannot be ascertained at a specific time.
It was informed that due to incurrence of heavy losses on NYC routes since very long PIA is in the process
Net incurrence of liabilities###1,212###186###-1,026