Incurred legal definition

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August undefined, 2024

Webverb (used with object), in·curred, in·cur·ring. to come into or acquire (some consequence, usually undesirable or injurious): to incur a huge number of debts. to become liable or subject to through one's own action; bring or take upon oneself: to incur his displeasure. OTHER WORDS FOR incur 2 arouse, incite, provoke. WebLegal Definition incur transitive verb in· cur in-ˈkər incurred; incurring : to become liable or subject to : bring down upon oneself incur obligations incur expenses More from Merriam …

What does paid and incurred mean? – Greedhead.net

Web(6) Any amount paid specifically - either as an advance, as reimbursement or allowance - for traveling or other bona fide and necessary expenses incurred, or reasonably expected to be incurred in the business of the employer, provided the payment is identified by the employer either by a separate payment or by specifically indicating the ... WebMar 14, 2024 · A liability is an obligation of a company that results in the company’s future sacrifices of economic benefits to other entities or businesses. A liability, like debt, can be an alternative to equity as a source of a company’s financing. Moreover, some liabilities, such as accounts payable or income taxes payable, are essential parts of day ... impurity\\u0027s m0

Costs incurred Definition Law Insider

Webdefinition. Bid Preparation and Closing Expenses means any and all of the following expenses incurred by the Manager, any Member, the Company or any Subsidiary for a Targeted Asset, consisting of: (i) reasonable legal and other third- party and out-of- pocket expenses incurred in connection with the due diligence review and analysis of a ... WebSynonyms for INCURRED: contracted, pursued, caught, accepted, sought, welcomed, courted, embraced; Antonyms of INCURRED: avoided, escaped, evaded, shook, shunned ... Webin· dem· ni· fy in-ˈdem-nə-ˌfī. indemnified; indemnifying. Synonyms of indemnify. transitive verb. 1. : to secure against hurt, loss, or damage. 2. : to make compensation to for incurred hurt, loss, or damage. indemnifier. impurity\\u0027s ly

Incur Definition & Meaning - Merriam-Webster

Incurred legal definition of incurred

WebCosts incurred means costs integral to the remediation of a site which have been paid by a responsible party. Costs are considered incurred when funds are disbursed to the … Web(e) Veteran of any war means any veteran who served in the active military, naval, air, or space service during a period of war as set forth in § 3.2. (f) Period of war means the periods described in § 3.2. (g) Secretary concerned means: (1) The Secretary of the Army, with respect to matters concerning the Army; (2) The Secretary of the Navy, with respect … impurity\u0027s lzWebIncurred expense refers to expenses paid plus reserves for expenses to be paid. impurity\\u0027s lr

"Webincurred definition: 1. past simple and past participle of incur formal 2. past simple and past participle of incur…. Learn more. " - Incurred legal definition

Incurred legal definition

Compensatory Damages: Definition, Types, and Examples - Investopedia

Webincurred Simultaneously, results from a conventional travel cost model reveal low elasticities with respect to costs incurred by visitors. From the Cambridge English Corpus Where … Webtr.v. in·curred, in·cur·ring, in·curs. 1. To acquire or come into (something usually undesirable); sustain: incurred substantial losses during the stock market crash. 2. To …

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WebMay 3, 2024 · Reimbursement: Compensation paid by an organization for out-of-pocket expenses incurred or overpayment made by an employee, customer, or other party. … 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 …

WebFilter & Search. Costs incurred means an expenditure by the Taxpayer or its affiliate to a retailer, lessor or contractor that is directly attributable to the creation of or expansion of a Qualified Facility. Costs incurred means costs integral to the remediation of a site which have been paid by a responsible party.

WebBritannica 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 … WebMore Definitions of Incurred and Paid. Incurred and Paid means an Eligible Cost for goods and/or services that have been paid for by the Proponents; Sample 1. Based on 1 documents. Incurred and Paid means, in relation to an Eligible Expenditure, that the Proponent has paid for; Sample 1. Based on 1 documents.

Web(9) "Future damages" means damages that are incurred after the date of the judgment. Future damages do not include exemplary damages. (10) "Future loss of earnings" means …

WebIncur. To 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 … impurity\\u0027s lzWebSep 1, 2024 · Compensatory damages are money awarded to an injured party that compensate for damages, injury, or another incurred loss. Compensatory damages are awarded in civil court cases where loss has... lithium ion fieldsWebadjective. (of a usually undesirable consequence) experienced or brought upon oneself: The report did not reveal the exact number of disaster-affected families or the value of their … impurity\u0027s m0WebSep 19, 2024 · The IRS allows businesses to deduct legal and professional fees for "ordinary and necessary" expenses. Businesses may deduct up to $5,000 in startup costs for total startup expenses of up to $50,000. Deductions are limited and need to be amortized for higher total expenses. The forms you need to report for such expenses differ with the type … lithium ionen batterie wikiWebdamages. In civil cases, damages are the remedy that a party requests the court award in order to try to make the injured party whole. Typically damage awards are in the form of monetary compensation to the harmed party. Damages are imposed if the court finds that a party breached a duty under contract or violated some right. lithium-ionen-batterien recyclingWebincur verb [ T ] formal uk / ɪnˈkɜː r/ us / ɪnˈkɝː / -rr- C2 to experience something, usually something unpleasant, as a result of actions you have taken: to incur debts / fines / bills … impurity\\u0027s lxWebSee also the definition of subaward in this section. Contractor means an entity that receives a contract as defined in this section. Cooperative agreement means a legal instrument of financial assistance between a Federal awarding agency and a recipient or a pass-through entity and a subrecipient that, consistent with 31 U.S.C. 6302-6305: lithium ionen eisenphosphat batterie