WebApr 11, 2024 · incur a fee. These examples have been automatically selected and may contain sensitive content that does not reflect the opinions or policies of Collins, or its … WebPeople incurred huge expenditure, much above their means or status, and involved themselves in serious monetary difficulties. From the Cambridge English Corpus The …

Incur an obligation Definition Law Insider

WebMar 8, 2024 · Accruals refer to the recording of revenues a company has earned but has yet to receive payment for, and expenses that have been incurred but the company has yet to pay. This differs from cash accounting where income and expenses are recorded when cash is received and paid. Accruals help in demystifying accounting ambiguity relating to … Webincurred definition. A word used by accountants to communicate that an expense has occurred and needs to be recognized on the income statement even though no payment was made. The second part of the necessary entry will be a credit to a liability account. pqk-kine

grammar - to be incurred or is to be incurred? - English Language ...

WebFrom Longman Business Dictionary in‧cur /ɪnˈkɜː-ˈkɜːr/ verb (incurred, incurring) [ transitive] if you incur a cost, a debt, or a fine, you do something that means that you lose money or have to pay money The foundry has been operating at less than 50% capacity and has incurred significant operating losses. WebIncurred Payments means the aggregate sum of (a) all Purchase Price Payments, plus (b) documented legal fees and costs associated with due diligence, structuring, and closing … Web1- Your following payment shall cover also the additional cost is to be incurred due to the reasons stated in my previous letter. 2- Your following payment shall cover also the additional cost to be incurred due to the reasons stated in my previous letter. More example sentences will be appreciated. Thanks. grammar sentence-meaning Share pq tennis