Incurred def
WebJul 23, 2024 · Losses Incurred: Benefits paid to policyholders during the current year, plus changes to loss reserves from the previous year. Losses incurred represents profit that an insurance company will not ... Web1. To acquire or come into (something usually undesirable); sustain: incurred substantial losses during the stock market crash. 2. To become liable or subject to as a result of …
Incurred def
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WebDefinition of Incurred having gained something, usually something unpleasant, because of one’s own actions Examples of Incurred in a sentence Because I made too many long distance calls while out of the country, I incurred many different charges on my phone bill. WebDec 21, 2024 · Incurred is an accounting term that means that all transactions, regardless of their nature, must be recorded when they occur. It means that an accountant must …
Webincur verb [ T ] us / ɪnˈkɜr / -rr- to experience something bad as a result of actions you have taken: We incurred heavy expenses to repair the poor work done by the builder. (Definition … WebTo run upon; impinge upon; run against or strike. To encounter, as some undesirable or injurious consequence; become liable or subject to through one's own action; bring upon …
Webverb bring upon oneself synonyms for incurred Compare Synonyms acquire arouse earn obtain provoke catch contract draw gain get induce be subjected to bring down on expose … WebJun 7, 2024 · Accrued revenue is an asset class for goods or services that have been sold or completed but the associated revenue that has not yet been billed to the customer. Accrued revenue – which may ...
Web1 to lose money, owe money, or have to pay money as a result of doing something incur costs/expense/expenses: She may have to meet any costs incurred as a result of the delay. incur a debt: They are not personally liable for debts incurred by a partner. incur a loss: The company has incurred huge losses over the past three years.
Web2 days ago · Definition of 'incurred' Word Frequency incurred in British English past participle of verb, past tense of verb See incur Collins English Dictionary. Copyright © … imap and pop settings in outlook.comWebTo become subject to and liable for; to have liabilities imposed by act or operation of law. Expenses are incurred, for example, when the legal obligation to pay them arises. An … list of hedge fund administratorsWeb: the act of incurring or state of being incurred prevented the incurment of further debts incurment of guilt Love words? You must — there are over 200,000 words in our free … imap batch migration o365WebDefine incured. incured synonyms, incured pronunciation, incured translation, English dictionary definition of incured. tr.v. in·curred , in·cur·ring , in·curs 1. To acquire or come into ; sustain: incurred substantial losses during the stock market crash. ima pay officeWebIncurred Sample Reanalysis Background Bioanalytical methods are validated to support both nonclinical and clinical studies. The validation process includes assessment of parameters such as accuracy and precision, and short- and long-term matrix stability. imap bbn wirelessWebApr 10, 2024 · incur in American English (ɪnˈkɜr ) verb transitive Word forms: inˈcurred or inˈcurring 1. to come into or acquire (something undesirable) to incur a debt 2. to become … list of hedge fund administrators 2018WebDec 13, 2024 · An incurred cost is a cost arising from the consumption of an asset or service, or from a loss that has been sustained. Proper business planning requires management to have a detailed understanding of incurred costs in relation to revenues, in order to maintain an adequate level of profitability.Many companies compare their … ima passing out 2022