1

accrual

play
noun ac·cru·al \ə-ˈkrü-əl\

Definition of accrual

  1. 1 :  the action or process of accruing something money gained by the accrual of interest

  2. 2 :  something that accrues or has accrued an employee's vacation accruals

Examples of accrual in a sentence

  1. had an accrual of $100 through interest on my savings account last year

Origin and Etymology of accrual

see accrue


First Known Use: 1804


2

accrual

adjective ac·cru·al

Definition of accrual

  1. :  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 1a) — compare cash

Origin and Etymology of accrual

see accrue


First Known Use: 1912


Law Dictionary

accrual

play
noun ac·cru·al \ə-ˈkrü-əl\

Legal Definition of accrual

  1. 1 :  the action or process of accruing claim must be brought within two years of the date of accrual

  2. 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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