Definition, Meaning & Synonyms

incur-a-loss

phrase

/ɪnˈkɜːr ə lɔːs/

Definition

To experience a financial decrease due to actions or decisions taken.

Examples

After investing heavily in the project, the company incurred a loss when it failed to launch on time.
He was worried he would incur a loss on the stock market due to the falling prices.

Meaning

Incur a loss refers to the situation when an individual or organization finds itself at a financial disadvantage, usually resulting from expenses exceeding income or from unfavorable business activities.