BusinessAugust 16, 2026
incurrence
in-KUR-uhns
Definition
The act of becoming liable or subject to something, typically something negative such as debt, costs, or damages.
Etymology
Derived from the verb 'incur,' which comes from the Latin 'incurrere' (to run into, attack), combining 'in-' (into) and 'currere' (to run).
In the news
In this article, the term describes the financial costs and debt Paramount may face as a result of the litigation-related delays to their merger.
Paramount Skydance Satisfies All Regulatory Conditions Under the Merger Agreement to Close Warner Bros. Discovery Acquisition, Securing Clearances In Nearly 70 Countries Worldwide
Read the full article ↗NickALive!