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incumbent

   Also found in: Dictionary/thesaurus, Legal, Financial, Wikipedia 0.01 sec.

Refers to an entity that is currently in power. For example, in politics, the "incumbent senator" is the person who holds that office today. An "incumbent company" is an organization that has been providing goods and services for some time. See ILEC.


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Some Radical fellow speechifying at Middlemarch said Casaubon was the learned straw-chopping incumbent, and Freke was the brick-and-mortar incumbent, and I was the angling incumbent.
He nodded gravely, and added with awful emphasis - 'I thought it incumbent upon me to do so.
Besides, there would be another inconvenience attending this proposal, for what is common to many is taken least care of; for all men regard more what is their own than what others share with them in, to which they pay less attention than is incumbent on every one: let me add also, that every one is more negligent of what another is to see to, as well as himself, than of his own private business; as in a family one is often worse served by many servants than by a few.
 
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