incurrence

Meanings

• Noun or Verb

  The act of incurring or becoming liable to an obligation, debt, or loss.

  - "The company incurred significant losses due to the natural disasters."
  - "By signing the contract, you are incurring an obligation to pay a monthly fee."
  - "The accident incurred additional medical expenses."

• Noun

  The state or condition of being subjected to or experiencing something.

  - "The incurrence of pain is a normal part of childbirth."
  - "The incurrence of a disease can lead to serious health complications."

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Rhymes

Words rhyming with incurrence
currence , durance , endurance , encircance , perilance

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Variants

List of all variants of incurrence that leads to same result
incurrence , incurrences

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Etymology

origin and the way in which meanings have changed throughout history.

Middle English: from the past participle of incurre, from in- 'in' + curre 'run, rush'.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. The word 'incurrence' comes from the Latin word 'curre', which means 'to run'.

2. Incurrence is a term used in insurance to describe the act of becoming insured against a risk.

3. The term 'incurrence period' is used in accounting to refer to the time during which a liability can be incurred.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Obligation: An obligation is a debt or liability that is legally enforceable. Incurring an obligation means taking on a debt or liability.

2. Liability: A liability is a debt or obligation that a person or organization owes to others. Incurring a liability means taking on a debt or obligation.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Incurrence is a term used in various contexts, including law, finance, and medicine. In law, it refers to the act of incurring a debt or liability. In finance, it is used to describe the process of acquiring an expense or debt. In medicine, it is used to describe the state or condition of being subjected to or experiencing something, such as a disease or injury.

How to Memorize "incurrence"

1. visualize
   

   - To visualize incurrence, imagine incurring a debt or becoming subjected to a condition or situation.

2. associate
   

   - To memorize incurrence, associate it with the concept of taking on a debt or obligation, or with the idea of experiencing something.

3. mnemonics
   

   - A mnemonic for incurrence could be 'I incur, I incur a debt or condition'.

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