Incumbency
Definition, Meaning & Examples
Pronunciation /ɪŋˈkʌmbənsi/ · Part of speech noun
Quick meaning: Incumbency is a noun meaning The state of being incumbent.
Meaning
The state of being incumbent.
More Meanings
- An obligation or duty.
- A tenure.
- (figurative) Benefice, lucrative position or possession.
Example Sentences
ORR believes the two companies have incumbency advantages dating back to privatisation.
They do so on behalf of the fossil fuel industry, animal farming, finance, construction firms, car manufacturers and airline companies, but also on behalf of something bigger than any of those interests: the power of incumbency.
The early antitrust reformers warned that even beyond its effect on prices, economic power could buy influence in Congress. Monopolies don’t just dominate their own industries, Justice Louis Brandeis said in 1933; they monopolize political power as well, which allows them to protect their incumbency and stifle competition in myriad ways.
Word Forms
- incumbencies
Synonyms for incumbency
Depending on context, synonyms include tenure.
Related Words
Related dictionary entries include tenure, incumbent, mandate, occupation, in-service, workforce.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
Dictionary data is provided by FreeDictionaryAPI.com and sourced from Wiktionary under its stated license.