Incurred Losses
Losses occurring within a fixed period, whether or not adjusted or paid during the same period.
"Incurred Losses" In Context
"Investigations revealed that Srinivas had incurred losses in share trading. FAR-FETCHED TALE On Tuesday, Srinivas surfaced at a private hospital in Surathkal, and parroted the accident story filed by his wife. He then said that he was rescued by ..." This Insurance Word is available for Sponsorship Sponsor this Definition Today.