What is incur meaning?

Incur is a verb that means to experience or be subjected to something, usually an expense or a liability. It can also mean to bring upon oneself or to become liable or obligated to pay or suffer something. Incur is commonly used in financial and legal contexts to refer to the costs or damages that may arise from a particular action or event. For example, a company may incur expenses when launching a new product, or an individual may incur fines for a traffic violation. The word incur indicates a passive or involuntary action in which the subject is affected by the consequences of an event or action.