Accrual


Accrual
  An accounting concept. It is a gradual increase by addition over a period of time and is a way of recognising that an expense (or revenue) and the related liability (or asset) can increase over time and not as signalled by an explicit cash transaction. Accounts are often accrued daily but are only actually applied to an account periodically (e.g.. monthly). See also Applied.

International financial encyclopaedia . 2014.

Look at other dictionaries:

  • Accrual — is derived from the verb , which describes the gathering or clustering of things together over time, as atoms, or it describes a general increase in number, as in interest. It also holds specific meanings in the contexts of accounting and payroll …   Wikipedia

  • accrual — ac‧cru‧al [əˈkruːəl] noun [countable] an increase in an amount of money, usually over a period of time: • The airline is asking employees to allow a one year freeze on pension accruals. • the accrual of $21 million in interest * * * accrual UK US …   Financial and business terms

  • accrual — ac·cru·al /ə krü əl/ n 1: the action or process of accruing claim must be brought within two years of the date of accrual 2 a: something that accrues; esp: an amount of money that periodically accumulates for a specific purpose (as payment of… …   Law dictionary

  • Accrual — Ac*cru al ([a^]k*kr[udd] al), n. Accrument. [R.] [1913 Webster] …   The Collaborative International Dictionary of English

  • accrual — (n.) 1782, from ACCRUE (Cf. accrue) + AL (Cf. al) (2) …   Etymology dictionary

  • accrual — [n] growth accumulation, amassing, amassment, buildup, increase; concepts 432,780 …   New thesaurus

  • accrual — [ə kro͞o′məntə kro͞o′əl] n. 1. the act or process of accruing 2. the amount that accrues: Also accruement [ə kro͞o′mənt] …   English World dictionary

  • accrual — [[t]əkru͟ːəl[/t]] accruals N COUNT: usu sing, oft N n In finance, the accrual of something such as interest or investments is the adding together of interest or different investments over a period of time. [TECHNICAL] ...the accrual of funds used …   English dictionary

  • accrual — accrued charge; = accrued expense; = accrued liability An estimate in the accounts of a business of a liability that is not supported by an invoice or a request for payment at the time the accounts are prepared. An accrual is a current liability… …   Accounting dictionary

  • accrual — accrued charge; accrued expense; accrued liability An estimate in the accounts of a business of a liability that is not supported by an invoice or a request for payment at the time the accounts are prepared. An accrual is a current liability on… …   Big dictionary of business and management

  • accrual — /ə kru:əl/ noun 1. the act of noting financial transactions when they take place, and not when payment is made 2. a gradual increase by addition ♦ accrual of interest the automatic addition of interest to capital …   Dictionary of banking and finance


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