incurrence — [in kʉr′əns] n. the act of incurring … English World dictionary
incurrence test — USA A financial ratio test for covenant compliance that needs to be met at the time specific actions occur (rather than a maintenance test which needs to be met at regular intervals, such as quarterly or at all times). For example, the borrower… … Law dictionary
incurrence — noun Date: circa 1656 the act or process of incurring … New Collegiate Dictionary
incurrence — /in kerr euhns, kur /, n. the act of incurring, bringing on, or subjecting oneself to something. [1650 60; INCURR(ENT) + ENCE] * * * … Universalium
incurrence — noun the act of incurring something … Wiktionary
incurrence — in·cur·rence … English syllables
incurrence — in•cur•rence [[t]ɪnˈkɜr əns, ˈkʌr [/t]] n. the act or process of incurring … From formal English to slang
incurrence — /ɪnˈkʌrəns/ (say in kuruhns) noun the act of incurring, bringing on, or subjecting oneself to something …
incurrence — noun the act of incurring (making yourself subject to something undesirable) • Derivationally related forms: ↑incur • Hypernyms: ↑commitment … Useful english dictionary
maintenance test — USA A financial ratio test for covenant compliance that needs to be met at regular intervals (such as quarterly or the end of each fiscal quarter). For example, the borrower may be required to maintain a leverage ratio of less than 3.0:1.0. The… … Law dictionary