incurin·cur /ɪnˈkɜː-ˈkɜːr/ verb (incurred, incurring) [transitiveT] FINANCEif you incur a cost, a debt, or a fine, you do something that means that you lose money or have to pay moneyThe foundry has been operating at less than 50% capacity and has incurred significant operating losses.
The costs incurred in planning each month run to several thousand dollars.