incurred
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 281 U.S. 115 - Lucas v. Ox Fibre Brush Co. · 1930Most cited · 476 citing opinions
The expenses represented by these payments were incurred in that year, for it is undisputed that there was no prior agreement or legal obligation to pay the additional compensation. ... the expense could not be attributed to earlier years, for it was neither paid nor incurred in those years. There was no earlier accrual of liability.