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The phrase "incurred losses" is correct and usable in written English.
It can be used when referring to losses or expenses that have been incurred. For example: The company incurred losses due to a decrease in sales.
Exact(60)
WestJet consistently turns a profit, while Air Canada and Canadian incurred losses in the first quarter.
The scheme is believed to have incurred losses of around £10bn.
Many companies have incurred losses because they tried to innovate outside of those boundaries.
(2013), designed for payments only, towards the inclusion of incurred losses.
Lucent had incurred losses of $29 billion in the last three years amid falling demand for phone-networking equipment.
From 1992 to 1996, Capital OTB incurred losses of nearly $3 million, including a deficit of $510,710 in 1996.
Buyers of Triaxx C.D.O.'s did better than most, but Triaxx still incurred losses when the bottom fell out.
More than 400 people perished, over 14,000 homes were destroyed, and the city incurred losses amounting to £1.2bn.
The World Bank has estimated that Lebanon has incurred losses of $13.1bn since 2012, including $5.6bn in 2015 alone – more than 11% of GDP.
At least some of their evidence has been con firmed by soldiers who admit their comrades panicked and shot indiscriminately after the army incurred losses.
CMC, the money broker which is run by former Conservative Party treasurer Peter Cruddas, said it too had incurred losses but said the business was still strong.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com