Incur definition in real context with images and visuals for advanced ESL students
/ɪnˈkɜːʳ/ (verb)
Incur definition
- to experience something unpleasant as a result of what you have done, bring upon yourself
- to acquire a burden such as a debt, meet with something undesirable, encounter, sustain, suffer
Video of incur
Incur in context
When individuals or businesses incur debt, it’s essential to approach it with a strategic and responsible mindset. While debt can be a valuable tool for financing purchases or investments, it’s crucial to manage it effectively to avoid financial hardship.
One effective strategy is to create a detailed budget that outlines income and expenses. This will help identify areas where spending can be reduced to allocate more funds toward debt repayment. Additionally, prioritizing high-interest debts can be a wise approach, as it can lead to significant savings over time. It’s also important to explore options like debt consolidation or refinancing, which may offer lower interest rates and more manageable repayment terms.
Antonyms
avoid
Parts of speech
Noun: incurrence
Noun: incursion: running into an unwelcome intrusion, raid