accrual

1 of 2

noun

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

2 of 2

adjective

: 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

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
The company expects its total accrual in legal proceeding contingencies related to the lawsuit to reach $434 million during the first quarter of fiscal year 2025, from $100 million at the end of fiscal 2024. Reuters, CNN, 21 June 2024 Apparently, the cost of college and the accrual of student loan debt comes along with making such choices. Eva Roytburg, Fortune, 4 June 2024
Adjective
In addition to offering the lowest monthly payment for most borrowers, the plan also shields borrowers from unpaid interest accrual, one of the largest additional fees that borrowers face on their loans. Cheyenne Haslett, ABC News, 1 July 2024 If the health and pension plans have sufficient reserves, pension benefit accrual rates will increase 15 percent for the next three years and retirees who retired before August 1, 2009 will receive 13th and 14th checks each year of the deal. Katie Kilkenny, The Hollywood Reporter, 1 July 2024 See all Example Sentences for accrual 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'accrual.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

Etymology

Noun

accrue + -al entry 2

Adjective

derivative of accrual entry 1

First Known Use

Noun

1804, in the meaning defined at sense 1

Adjective

1912, in the meaning defined above

Time Traveler
The first known use of accrual was in 1804

Dictionary Entries Near accrual

Cite this Entry

“Accrual.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/accrual. Accessed 24 Jul. 2024.

Legal Definition

accrual

noun
ac·​cru·​al ə-ˈkrü-əl How to pronounce accrual (audio)
1
: the action or process of accruing
claim must be brought within two years of the date of accrual
2
a
: 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

More from Merriam-Webster on accrual

Last Updated: - Updated example sentences
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