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incurrence
[ in-kur-uhns, -kuhr- ]
incurrence
/ ɪnˈkʌrəns /
noun
- the act or state of incurring
Word History and Origins
Origin of incurrence1
Example Sentences
Short selling and margin trading entail greater risk, including but not limited to risk of unlimited losses and incurrence of margin interest debt, and are not suitable for all investors.
Proceeds from the IPO and debt incurrence at WhiteWave along with internally generated cash flow will help Dean repay this debt.
“It’s fixed rate, there’s no amortization payment, it’s covenant-lite and the incurrence test is the only limitation that restricts additional debt from being issued.”
The financing was also structured with an “incurrence- based” covenant package, which dictates the borrower cannot incur more debt unless a chosen financial ratio is below a stated level.
Clearwire can’t fill the funding gap with debt, in our view, as secured debt incurrence is dependant on additional equity capital.
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More About Incurrence
What does incurrence mean?
Incurrence is the act or process of acquiring, taking on, or subjecting oneself to something, typically something negative, such as debt, guilt, or someone’s anger.
To incur is to become subject to some kind of consequence, especially as a result of one’s own actions. Incurrence is most often used in the context of debt.
Example: The failure of her business resulted in the incurrence of significant debt and credit problems that would be difficult to escape.
Where does incurrence come from?
The first records of incurrence come from the mid-1600s. It is formed from the verb incur and the suffix -ence, which is used to form nouns of state, condition, or quality.
The word incurrence is commonly used in the context of finances, especially in reference to the taking on of debt, but it can be used for many other contexts and scenarios. In most cases, these scenarios involve a negative consequence, such as the incurrence of your mother’s wrath, or the incurrence of guilt from having incurred your mother’s wrath, or the incurrence of health problems from all the guilt you incurred from incurring your mother’s wrath. (Maybe just call your mom to say sorry.)
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How is incurrence used in real life?
Incurrence is used less commonly than its verb form, incur, but it’s used for all the same situations: taking on or subjecting oneself to an undesired consequence, especially debt or a negative reaction from someone.
Free Distribution of #SanitaryPads for the #DaughtersOfVersova, by TEE Foundation's SanitaryPadBank, at the Posha Nakhwa BMC School at Yari Road, as part of an effort to promote hygienic sanitary habits & reduce the incurrence of health issues arising from a lack of the same. pic.twitter.com/oujb1SS3xR
— Dr. Bharati Lavekar (@LavekarBharati) February 5, 2018
One nice thing about the NBA is that high-level play doesn't necessitate the incurrence of debilitating, irreversible brain injury.
— Michael Tracey (@mtracey) May 29, 2016
High-yield bond investor who hates crap SciFi prequels but loves properly drafted debt incurrence restrictions pic.twitter.com/dTawTdd1GF
— Robert Smith (@BondHack) April 12, 2019
Try using incurrence!
Is incurrence used correctly in the following sentence?
Her incurrence of so much student loan debt made buying a house impossible.
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