Incurred legal definition
WebRecompense for loss, damage, or injuries; restitution or reimbursement. An indemnity contract arises when one individual takes on the obligation to pay for any loss or damage that has been or might be incurred by another individual. WebJun 24, 2024 · Incurred expenses have been charged or billed but are not yet paid. In other words, an expense incurred is the cost when an asset is consumed. A paid expense has …
Incurred legal definition
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Webdamages. 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. 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 …
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. Webincur 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 …
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 … 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 …
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 ...
WebSynonyms for INCURRED: contracted, pursued, caught, accepted, sought, welcomed, courted, embraced; Antonyms of INCURRED: avoided, escaped, evaded, shook, shunned ... fix reaper latencyWebSep 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... canned sweet corn microwaveWebIncur. 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 individual incurs a liability when a money judgment is rendered against him or her by a … canned sweet corn soupWeb(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 a pecuniary loss incurred after the date of the judgment, including: (A) loss of income, wages, or earning capacity; and (B) loss of inheritance. fix recirculating ball 2002 blazerWebCosts 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 … fix rear bumperWebBritannica 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 … fix rear window defrosterWebThe study comes up with a number of results, namely: the Palestinian law provides no definition for the use of force, but rather it provides concepts regarding the material and moral use of force. It can be concluded that the use of force is illegal in penal procedures, except in the cases stated by law for law enforcement officials so that the ... fix rearview mirror