ACCRUED Definition Meaning | Dictionary. com Accrued definition: added as a matter of periodic gain or advantage, as interest on money See examples of ACCRUED used in a sentence
Accrued - definition of accrued by The Free Dictionary To come to one as a gain, addition, or increment: interest accruing in my savings account 2 To increase, accumulate, or come about as a result of growth: common sense that accrues with experience 3 To come into existence as a claim that is legally enforceable To accumulate over time: I have accrued 15 days of sick leave
accrue verb - Definition, pictures, pronunciation and usage notes . . . Definition of accrue verb from the Oxford Advanced Learner's Dictionary [intransitive] to increase over a period of time Interest will accrue if you keep your money in a savings account Want to learn more? [transitive] accrue something to allow a sum of money or debts to grow over a period of time synonym accumulate
ACCRUE definition and meaning | Collins English Dictionary If money or interest accrues or if you accrue it, it gradually increases in amount over a period of time I owed £5,000–part of this was accrued interest [VERB-ed] If you do not pay within 28 days, interest will accrue [VERB] Officials say the options will offer investors a longer time in which to accrue profits [VERB noun]
Accrued - Definition, Meaning Synonyms | Vocabulary. com If something accumulates over a period of time, you can describe this with the adjective accrued The principal in your bank account is so small, you'll never get rich off the accrued interest You'd better plan on getting a job
Accrual Accounting Explained: Examples, Journal Entries, More The $60,000 is recorded as an accrued expense over the contract term Each month, $10,000 is recorded as a legal expense with an associated accrued liability This approach once again ensures that expense is recognized in the period when the service is delivered, even though the cash was paid at the end of the contract Below breaks down the
What does accrued mean? - Definitions. net Accrued generally refers to something, often a financial benefit or obligation, that has been accumulated or grown over a period of time, but has not yet been paid or received It could refer to accrued interest, accrued expenses, accrued revenues, or other elements that are often recognized in financial accounting