Incurred costs Definition | Legal Glossary | LexisNexis
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GLOSSARY

Incurred costs definition

What does Incurred costs mean?

costs that have been incurred in the past. For the purposes of: —the costs budget, they are costs which are incurred up to or including the costs management conference (cpr 3.17) —variation of a costs budget, they are costs incurred up to the date of the variation (CPR 3.15A)

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