incurring

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incurring

He is incurring a large debt by buying an expensive car.

Definition

Noun: * The act or process of acquiring or bringing something upon oneself, typically something undesirable or burdensome, such as a debt, cost, penalty, or obligation.

Usage

The noun "incurring" refers to the specific instance or ongoing process of becoming subject to a negative consequence or liability. It is often used in formal, financial, or legal contexts to describe the moment an obligation begins.

Examples
  • The incurring of significant debt forced the company to reconsider its expansion plans.
  • He was unaware of the penalties associated with the incurring of late fees.
  • The policy aims to prevent the incurring of unnecessary expenses.
Advanced Usage
  • "Risk of incurring": This common phrase highlights the potential to bring about a negative outcome.
    • By proceeding without a permit, you run the risk of incurring substantial fines.
Variants and Related Words
  • Incur (verb): To become subject to (something unwelcome or unpleasant) as a result of one's own behavior.
    • The project incurred massive cost overruns.
  • Incurred (adjective, past participle): Describes costs or obligations that have been brought about.
    • All incurred expenses must be documented.
Synonyms
  • Acquisition (of a liability)
  • Sustaining (a loss)
  • Bringing upon oneself
Related Phrases
  • Incur a cost/debt/loss/penalty: These are the most common verb collocations.
    • The decision could incur a significant cost to the taxpayer.
incurring

He is incurring a large debt by buying an expensive car.

Noun
  1. acquiring or coming into something (usually undesirable)
    • incurring debts is easier than paying them