debt incurred

USAGE SUMMARY

The phrase "debt incurred" is correct and usable in written English.
It can be used in financial contexts to refer to the amount of debt that has been accumulated or taken on. Example: "The company reported a significant increase in debt incurred during the last fiscal year due to expansion efforts."

✓ Grammatically correct

News & Media

Academia

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

And had paid off most debt incurred after demotion to lesser route.

The New Yorker

Companies have repaid huge amounts of debt incurred during the 1980s and 1990s.

The Economist

It means debt incurred without the consent of the people and against the national interest.

The Guardian - Opinion

But several imposing obstacles could block unification efforts, including the recent debt incurred by Wendover.

The New York Times

And let's not forget the unpaid image debt incurred by Christina Aguilera and Mandy Moore.

The New York Times - Style

This was clearly true of the debt incurred to win World War II.

The New York Times

The economy was a shambles, beset by debt incurred in the fight for liberty.

The New York Times

But Suntech had a lot of debt, incurred during its rapid expansion.

The Washington Post

The goal of the scholarship portion of the Vagelos gift is ultimately to eliminate debt incurred by Columbia's medical students.

Columbia University

Assumption agreement is a written agreement on the appropriate Agency form to pay the FLP debt incurred by another.

Cornell University

The huge debt incurred through Zell's $8.2 billion acquisition, compounded by the recession, sent Tribune into bankruptcy last month.

The New York Times - Sports

Expert writing Tips

Best practice

When discussing debt, clearly specify the context in which the debt was "incurred". Providing details such as the purpose, amount, and responsible party enhances clarity and prevents misinterpretations.

Common error

Avoid using the passive voice without specifying who "incurred" the "debt". For example, instead of saying "Debt was incurred", specify "The company incurred debt" to ensure clarity.

Linguistic Context

The phrase "debt incurred" functions as a noun phrase followed by a past participle, modifying the noun. As seen in Ludwig AI, it frequently specifies the type of debt being discussed (e.g., student loan debt, national debt, corporate debt).

Expression frequency: Very common

Frequent in

News & Media

67%

Academia

20%

Formal & Business

13%

Less common in

Encyclopedias

0%

Wiki

0%

Science

0%

Ludwig's WRAP-UP

In summary, "debt incurred" is a grammatically sound and frequently used phrase, particularly in contexts related to news reporting, academics, and formal business communications. Ludwig AI analysis confirms its common function in providing information about the origin or reason for a debt. The phrase is best suited for neutral to professional registers. For alternative phrasing consider using "debt accrued" or "liabilities assumed", depending on the specific nuance desired.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Debt accrued

Replaces "incurred" with "accrued", focusing on the gradual accumulation of debt over time.

Debt accumulated

Uses "accumulated" instead of "incurred", emphasizing the gathering or piling up of debt.

Debt accrued by

Specifies who or what accrued the debt, shifting the focus slightly.

Liabilities assumed

Replaces "debt" with "liabilities" for a broader term, and "incurred" with "assumed", indicating acceptance of responsibility.

Obligations undertaken

Substitutes "debt" with "obligations" and "incurred" with "undertaken", highlighting the commitment made.

Debt undertaken

Use "undertaken" instead of "incurred", highlighting the deliberate act of taking on debt.

Financial obligations accrued

Adds "financial obligations" for more technical context.

Borrowed funds

Simplify "debt" and avoid the verb, focusing on the idea of borrowing.

Loan acquired

Uses "loan" to mean "debt", and uses "acquired" rather than "incurred".

Debt accumulated as a result of

Expands to show the reason for accruing the debt.

FAQs

How can I rephrase "debt incurred" to sound more formal?

To sound more formal, you can use alternatives such as "liabilities assumed" or "financial obligations accrued". These options provide a more technical tone.

What is the difference between "debt incurred" and "debt accumulated"?

"Debt incurred" refers to the act of taking on debt, while "debt accumulated" describes the process of debt gradually increasing over time. While similar, the first emphasizes the initial action, and the second focuses on the ongoing result.

When is it appropriate to use the phrase "debt incurred"?

The phrase "debt incurred" is appropriate in financial reports, legal documents, and academic papers where a clear and concise description of the accumulation of debt is required. It's also fitting in journalistic contexts where reporting on financial matters.

What are some common reasons for "debt incurred"?

Common reasons include business expansion, acquisitions, covering operational costs, or financing investments. The specific reasons are always context-dependent and important for understanding the financial implications.