What does incurred mean?
The verb 'incurred' means to become liable or responsible for something, such as a debt or a penalty. It can also describe experiencing or suffering something, like a cost or a penalty. This word is often used in formal or business contexts to describe financial losses or liabilities. However, it can also be used in more general contexts to describe any kind of cost or penalty. The word 'incurred' is derived from the Latin word 'incurro,' which means 'to run into' or 'to come upon.' This etymology reflects the idea of encountering or experiencing something, like a cost or a penalty. In formal or business contexts, 'incurred' is often used to describe financial losses or liabilities, but it can also be used in more general contexts to describe any kind of cost or penalty. The word 'incurred' is a useful and interesting word because it highlights the idea of responsibility and liability. It can also be used to describe the consequences of a decision or action, making it a valuable tool for communication and analysis.
To become liable or responsible for something, such as a debt or a penalty, often as a result of a decision or action.
"The company incurred significant losses after the economic downturn."
The verb 'incurred' is often used in formal or business contexts to describe financial losses or liabilities.
To experience or suffer something, such as a cost or a penalty.
"The patient incurred a high fever after the surgery."
Reviewed by Deb Chak, Editor. AI-assisted content curated by RJS Tech Solutions LLP.
Etymology of incurred
The verb 'incurred' is derived from the Latin word 'incurro,' which means 'to run into' or 'to come upon.' This etymology reflects the idea of encountering or experiencing something, like a cost or a penalty. The word 'incurred' has been used in English since the 15th century, and it has evolved to encompass a range of meanings and contexts.
How incurred is actually used
The verb 'incurred' is often used in formal or business contexts to describe financial losses or liabilities. It can also be used in more general contexts to describe any kind of cost or penalty.