Incur - Law Dictionary Search Results
cost
cost 1 : the amount or equivalent paid or charged for something 2 pl : expenses incurred in litigation ;esp : those given by the law or the court to the prevailing party against the
consumer debts
consumer debts Debts incurred for personal (as opposed to business) needs. Source: Administrative Office of the U.S. Courts
charge
jury [conviction…reversed, because of trial court's "W. R. LaFave and A. W. Scott, Jr."] 3 a : an incurred expense b : the price demanded for something (as admission or use) [a finance ] c : a
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capital expenditure
out that creates a long-term benefit (as one lasting beyond the taxable year) ;esp : costs that are incurred in the acquisition or improvement of property (as capital assets) or that are otherwise chargeable to a capital
bond
: a bond required to be given by the applicant for an injunction to cover costs and damages incurred by a party found to have been wrongfully enjoined judicial bond : a bond (as an appeal bond
basis
method of accounting in which income and expenses are recorded in the period when they are earned or incurred regardless of when the payment is received or made called also accrual method cash basis : a method
automatic stay
petition in accordance with bankruptcy law that prevents creditors from attempting to collect from the debtor for debts incurred before the filing
at-will employment
may end the employment relationship at any time, for any reason or for no reason at all, without incurring a penalty
asset
in determining the financial condition of an insurance company because it cannot be quickly converted into cash without incurring a loss compare admitted asset in this entry quick assets : cash, accounts receivable, and other current assets
accrual accounting
Income is reported in the year it is earned, and expenses are deducted in the year they are incurred.
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