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Incurred legal definition

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 ... 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 …

Incur - definition of incur by The Free Dictionary

Webdefinition. Bid Preparation and Closing Expenses means any and all of the following expenses incurred by the Manager, any Member, the Company or any Subsidiary for a Targeted Asset, consisting of: (i) reasonable legal and other third- party and out-of- pocket expenses incurred in connection with the due diligence review and analysis of a ... WebFilter & Search. Costs incurred means an expenditure by the Taxpayer or its affiliate to a retailer, lessor or contractor that is directly attributable to the creation of or expansion of a Qualified Facility. Costs incurred means costs integral to the remediation of a site which have been paid by a responsible party. how many pints is 3 litres of water https://boxtoboxradio.com

What Is a Reimbursement, and How Does It Work (With Example)?

WebSep 19, 2024 · The IRS allows businesses to deduct legal and professional fees for "ordinary and necessary" expenses. Businesses may deduct up to $5,000 in startup costs for total startup expenses of up to $50,000. Deductions are limited and need to be amortized for higher total expenses. The forms you need to report for such expenses differ with the type … WebDefine incur. incur synonyms, incur pronunciation, incur translation, English dictionary definition of incur. tr.v. in·curred , in·cur·ring , in·curs 1. To acquire or come into ; sustain: incurred substantial losses during the stock market crash. Webin· dem· ni· fy in-ˈdem-nə-ˌfī. indemnified; indemnifying. Synonyms of indemnify. transitive verb. 1. : to secure against hurt, loss, or damage. 2. : to make compensation to for incurred hurt, loss, or damage. indemnifier. how christian was the taiping heavenly army

38 CFR § 3.1 - Definitions. - LII / Legal Information Institute

Category:31 Synonyms & Antonyms of INCURRED - Merriam Webster

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Incurred legal definition

Incurred Definition & Meaning Dictionary.com

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. WebLegal principle limiting compensation for damages be equivalent to the losses incurred. Independent Adjuster - freelance contractor paid a fee for adjusting losses on behalf of companies. Independent Agent - a representative of multiple insurance companies who sells and services policies for records which they own and operate under the American ...

Incurred legal definition

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Webincurred definition: 1. past simple and past participle of incur formal 2. past simple and past participle of incur…. Learn more. 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 …

WebIncurred and Paid means an Eligible Cost for goods and/or services that have been paid for by the Proponents; Sample 1 Based on 1 documents Incurred and Paid means, in relation … WebCosts 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 …

WebMay 3, 2024 · Reimbursement: Compensation paid by an organization for out-of-pocket expenses incurred or overpayment made by an employee, customer, or other party. … 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 individual incurs a liability when a money judgment is rendered against him or her by a …

WebJun 1, 2012 · Based on the definitions above, it appears that "incurred" refers to becoming liable or subject to an obligation, be it a claim, a loss, an expense, or another legal …

WebApr 12, 2024 · Indemnity is a comprehensive form of insurance compensation for damages or loss. When the term indemnity is used in the legal sense, it may also refer to an … how many pints is 3 gallonsWebBritannica 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 … how many pints is 24 ozWebMore Definitions of Incurred and Paid. Incurred and Paid means an Eligible Cost for goods and/or services that have been paid for by the Proponents; Sample 1. Based on 1 documents. Incurred and Paid means, in relation to an Eligible Expenditure, that the Proponent has paid for; Sample 1. Based on 1 documents. how many pints is 20 ouncesWebincurred definition A word used by accountants to communicate that an expense has occurred and needs to be recognized on the income statement even though no payment was made. The second part of the necessary entry will be a credit to a liability account. how many pints is 350 mlWebincur 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 … how many pints is 330mlWeb1. To acquire or come into (something usually undesirable); sustain: incurred substantial losses during the stock market crash. 2. To become liable or subject to as a result of … how many pints is 3 litersWebincurred Simultaneously, results from a conventional travel cost model reveal low elasticities with respect to costs incurred by visitors. From the Cambridge English Corpus Where … how christmas began movie