Definition, Meaning & Synonyms
incur-expenses
verb phrase
in-kur ik-spen-siz
Definition
To become subject to or liable for costs as a result of actions or events.
Examples
- The company will incur expenses when launching the new product.
- Traveling for business often means you will incur expenses that need to be reimbursed.
Meaning
Incur expenses means to generate costs that need to be paid, usually due to business operations or personal choices.
Synonyms
- Generate costs
- Accumulate expenses
- Face charges
