"liabilities incurred" is a correct and usable phrase in written English.
It is typically used in financial or legal contexts to refer to expenses or debts that have been accumulated or contracted. Example: The company's financial report showed that their liabilities incurred during the previous quarter had exceeded their projected budget.
Liabilities incurred do not synchronize completely with payments.
In principle, it should create useful assets that have a higher economic value than the liabilities incurred to finance them.
Energy officials and outside experts agree that the department has serious problems, with roots in the vast responsibilities and liabilities incurred during the cold war in making 70,000 nuclear arms.
D.4. ii).You hereby agree to indemnify the Company against all costs, claims, losses and liabilities incurred or suffered by the Company as a result of any breach of your warranties or obligations under these Terms.
Debates regarding prosperity, poverty and tax rates based only on income ignore the diverse range of expenses and liabilities incurred by people across the income spectrum, and disregard underlying holdings of wealth.
In accordance with the company's articles of association, the directors and officers of the company are all indemnified out of the assets of the company, to the extent permitted by law, in respect of liabilities incurred as a result of their office.
Since his current abode is privately owned, there is no "bedroom tax" liability incurred by its several empty rooms.
Leon Daniels, TfL's managing director of surface transport, said: "We have applied to the High Court for an interim injunction that will require Addison Lee to withdraw the letter it sent to its drivers on 14 April advising them to drive in bus lanes and telling them they were indemnified against any fine or liability incurred.
I want the purchaser of a gun to be so scared about the liability incurred when a purchase is made that he/she thinks long and hard about making the purchase to begin with.
Expenditures, a term preferred over expenses for modified accrual accounting, are recognized when the related liability is incurred.
A portion of the payroll taxes will be paid in the next fiscal period, but modified accrual accounting requires the expenditure to be recorded during the period the liability was incurred.
