incur - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “incur”

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incur

verb [T]
 
 
/ɪnˈkɜːr/ (-rr-)
to be made to lose money or have to pay a charge: incur a charge/fine/fee Companies incur additional costs in dealing with non-paying customers. The client will remain liable for any loss incurred by the contractor.
(Definition of incur from the Cambridge Business English Dictionary © Cambridge University Press)
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