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What does incurs mean?

Looking for the meaning or definition of the word incurs? Here's what it means.

Verb
  1. Third-person singular simple present indicative form of incur
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Examples
Under the Local Government Act, a councillor who incurs an expense in their duty is entitled to be reimbursed.
The existing system for processing survey data incurs a time lag of three days or more before the results of the survey reach end users.
The umbrella approach ensures flexibility, but incurs tax on all the investments in the portfolio on encashment, regardless of the number of funds being cashed in.
But it incurs the additional sunk cost of setting up a foreign plant.
The register window also incurs a performance penalty when doing garbage collection.
Ignoring the issue, however, incurs a high cost in ill health, wasted life opportunities and social disruption.

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