accrual

noun
ac·​cru·​al | \ ə-ˈkrü-əl How to pronounce accrual (audio) \

Definition of accrual

 (Entry 1 of 2)

1 : the action or process of accruing something money gained by the accrual of interest
2 : something that accrues or has accrued an employee's vacation accruals

accrual

adjective

Definition of accrual (Entry 2 of 2)

: relating to or being a method of accounting that recognizes income when earned and expenses when incurred regardless of when cash is received or disbursed (see disburse sense 1a) — compare cash entry 2

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Examples of accrual in a Sentence

Noun had an accrual of $100 through interest on my savings account last year
Recent Examples on the Web: Noun For the replication study, the researchers got into the actual behaviors previously proposed to influence the accrual of power. John Timmer, Ars Technica, "Empirical evidence that nice people don’t always finish last," 1 Sep. 2020 The month of May brought a particularly glaring accrual of trauma and grief to black communities across the country, which have been ravaged by the pandemic and its economic fallout. Anchorage Daily News, "African Americans feel private grief as they contend with racism, virus," 1 June 2020 The best features of these products include attractive rates of interest (14-21%), interest accrual for each day of usage and flexibility of repayment. Adheer Dhar, Quartz India, "How to manage your personal finances during India’s coronavirus crisis," 23 Apr. 2020 In the nation that grew from those assumptions, the accrual of wealth became incompatible with a return to the land. Ian Bogost, The Atlantic, "There Are No Losers in the Animal Crossing Economy," 15 Apr. 2020 Some other benefits, including tuition remission and vacation time and sick leave accruals will continue. Devi Shastri, Milwaukee Journal Sentinel, "Marquette will furlough 250 employees as it estimates a $15 million shortfall so far from coronavirus," 8 Apr. 2020 The nitty-gritty The primary relief offered by the new stimulus suspends student loan payments and interest accrual from March 13 through September 2020. Ephrat Livni, Quartz, "US student loan payments are suspended for six months, with many exceptions," 2 Apr. 2020 Authorize Mayor Frank Jackson’s economic development d irector to defer payment and accrual of interest for six months on most loans issued by the city. Robert Higgs, cleveland, "Cleveland City Council OKs steps to address coronavirus hardships, calling for eviction relief, aiding troubled businesses," 24 Mar. 2020 That accrual of power, of course, would be aided significantly by a second Trump term. Osita Nwanevu, The New Republic, "Our Frightening Moment Was Years in the Making," 8 Jan. 2020 Recent Examples on the Web: Adjective August marked the first month on an accrual basis of a new fiscal year for Tennessee. From Usa Today Network And Wire Reports, USA TODAY, "Campus quarantines, no spring break, Vermont’s progress: News from around our 50 states," 16 Sep. 2020 The CARES Act also suspended interest accrual and all payments on federally subsidized student loans until Sept. 30. Michael Taylor, ExpressNews.com, "Taylor: Stock market and credit scores not reflecting U.S. economic woes. So are we the Coyote or the Road Runner?," 26 Aug. 2020 The month of May brought a particularly glaring accrual of trauma and grief to black communities across the country, which have been ravaged by the pandemic and its economic fallout. Anchorage Daily News, "African Americans feel private grief as they contend with racism, virus," 1 June 2020 Bronin has also negotiated with several city unions to revise sick and vacation accrual policies. Jenna Carlesso, Courant Community, "Former Hartford Police Chief Named Security Director For City Schools," 27 Apr. 2018 Under accrual basis accounting, expenses are matched with the related revenues and are reported when the expense occurs, not when the cash is paid. Jeff Piorkowski/special To Cleveland.com, cleveland.com, "Mayor Brennan replaces University Heights' finance director," 17 Apr. 2018 Ones with gross receipts below $25 million can use the simpler cash method of accounting rather than the accrual method; the previous ceiling was $5 million. Conrad De Aenlle, New York Times, "Can You Get Rich From the New Tax Law by Becoming a Company?," 23 Feb. 2018 Generally, manufacturers and other companies that have inventory are required to use the accrual method, but current law exempts businesses with average annual revenue of $5 million or less. Washington Post, "5 things small business owners should know about tax bills," 13 Dec. 2017 In addition, the board increased Shoenberger’s vacation accrual rate from 6.5 hours to eight hours per pay period. Luke Money, Daily Pilot, "Mesa Water District approves pay increase and bonus for general manager," 20 Dec. 2017

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'accrual.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of accrual

Noun

1804, in the meaning defined at sense 1

Adjective

1912, in the meaning defined above

History and Etymology for accrual

Noun

accrue + -al entry 2

Adjective

derivative of accrual entry 1

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Time Traveler for accrual

Time Traveler

The first known use of accrual was in 1804

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Statistics for accrual

Last Updated

5 Sep 2020

Cite this Entry

“Accrual.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/accrual. Accessed 21 Oct. 2020.

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More Definitions for accrual

accrual

noun
ac·​cru·​al | \ ə-ˈkrü-əl How to pronounce accrual (audio) \

Legal Definition of accrual

1 : the action or process of accruing claim must be brought within two years of the date of accrual
2a : something that accrues especially : an amount of money that periodically accumulates for a specific purpose (as payment of taxes or interest)
b : something that has accrued during a specified period

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Comments on accrual

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