Incurred money meaning
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 … WebDefinition of Incurred. having gained something, usually something unpleasant, because of one’s own actions ... Because I made too many long distance calls while out of the country, I incurred many different charges on my phone bill. 🔊. A fund raiser is needed to gather money for expenses that will be incurred on our mission trip.
Incurred money meaning
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WebOct 28, 2024 · Indemnification means one party agrees to pay losses incurred by another to a third party. 4 min read 1. Indemnification: What is it? 2. Why Is an Indemnity Clause Important? 3. Reasons to Consider Not Indemnifying: 4. Reasons to Consider Indemnifying: 5. Example: Your Contract Contains a Well-Drafted Indemnity Clause 6. With Indemnity 7. Webpast participle. incurred. DEFINITIONS 2. 1. to lose money, owe money, or have to pay money as a result of doing something. incur costs/expense/expenses: She may have to …
WebThe meaning of REIMBURSE is to pay back to someone : repay. How to use reimburse in a sentence. ... repay, recompense mean to give money or its equivalent in return for something. pay implies the discharge of an obligation incurred. paid their bills. compensate implies a making up for services rendered. WebMay 3, 2024 · Reimbursement is money paid to an employee or customer, or another party, as repayment for a business expense, insurance, taxes, or other costs.
WebFinancing costs are defined as the interest and other costs incurred by the Company while borrowing funds. They are also known as “Finance Costs” or “borrowing costs.” A Company funds its operations using two different sources: Equity Financing Debt Financing None of the financing comes free for the Company. 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 …
Web(Definition of incurred from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press) Examples of incurred incurred The company incurred about …
WebThere are grants available towards costs incurred while developing a business idea. Towies should charge only expenses reasonably incurred in removing an unlawfully parked … detached bungalow east yorkshireWebPeople incurred huge expenditure, much above their means or status, and involved themselves in serious monetary difficulties. From the Cambridge English Corpus The … detached bungalow for sale in yorkshire dalesWeb1 a : financial burden or outlay : cost built the monument at their own expense b : an item of business outlay chargeable against revenue for a specific period c : something expended … detached bungalow for sale isle of wightWebDefinition: Incurred, in accounting terms, means the moment in which an expenses has occurred or a transaction has taken place and must be recorded. In other words, it is the … detached bungalow for sale in shropshireWeb1 : to require expenditure or payment The best goods cost more. 2 : to require effort, suffering, or loss transitive verb 1 : to have a price of Each ticket costs 25 dollars. 2 : to cause to pay, suffer, or lose something Frequent absences cost him his job. 3 past costed ˈkä-stəd : to estimate or set the cost ofoften used with out chumba craigslistWebApr 12, 2024 · Indemnity is compensation for damages or loss, and in the legal sense, it may also refer to an exemption from liability for damages. The concept of indemnity is based … detached bungalow for sale in peak districtWebBritannica Dictionary definition of INCUR. [+ object] formal. : to cause yourself to have or experience (something unpleasant or unwanted) incur expenses/debt. What did he do to … detached bungalow for sale in scotland