Incur debt: meaning, definitions and examples

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incur debt

 

[ ɪnˈkər dɛt ]

Verb
Context #1 | Verb

financial

To accumulate debt, typically through borrowing money or making purchases on credit.

Synonyms

accumulate debt, incur liabilities, incur obligations.

Examples of usage

  • The company incurred a significant amount of debt during the expansion project.
  • She incurred debt by using her credit card for everyday expenses.
  • We must be careful not to incur too much debt and risk financial instability.

Translations

Translations of the word "incur debt" in other languages:

🇵🇹 incorrer em dívida

🇮🇳 कर्ज लेना

🇩🇪 Schulden machen

🇮🇩 menanggung hutang

🇺🇦 зазнати боргів

🇵🇱 zaciągnąć dług

🇯🇵 借金をする

🇫🇷 contracter une dette

🇪🇸 incurrir en deuda

🇹🇷 borçlanmak

🇰🇷 빚을 지다

🇸🇦 تحمل الديون

🇨🇿 zadlužit se

🇸🇰 zadĺžiť sa

🇨🇳 负债

🇸🇮 zadolžiti se

🇮🇸 taka skuldir

🇰🇿 қарызға бату

🇬🇪 ვალის აღება

🇦🇿 borca girmək

🇲🇽 incurrir en deuda

Etymology

The term 'incur debt' has its origins in the Latin word 'incurrere', which means 'to run into'. Over time, the phrase evolved to refer to the act of accumulating financial obligations. In modern usage, 'incur debt' is commonly used in financial contexts to describe the process of borrowing money or making purchases on credit.