accrual

American  

[uh-kroo-uhl] / əˈkru əl /

noun

1. the act or process of accruing.

2. something accrued; accretion.

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accrual British  

/ əˈkruːəl /

noun

1. the act of accruing

2. something that has accrued

3. accounting a charge incurred in one accounting period that has not been paid by the end of it

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Usage

What does accrual mean? Accrual is the process or result of gaining more of a particular thing.Accrual is the noun form of the verb accrue, which means to grow and accumulate naturally or to be added periodically. Accrual is especially used in the context of finance to refer to the growth of interest in an account.Example: A retirement fund allows for the accrual of money over the course of your career so that you can support yourself once you stop working.

Other Word Forms

• nonaccrual adjective

Etymology

Origin of accrual

First recorded in 1875–80; accrue + -al ²

Example Sentences

In particular, it’s become helpful in tracking down information for journal entries, such as accruals for revenue and expenses, that are eventually tallied up on the balance sheet, ON Semiconductor’s Trent said.

From The Wall Street Journal

The agency is trying to determine whether its accruals are overstated.

From The Wall Street Journal

An investigation and forensic analysis subsequently identified that a "single employee with responsibility for small package delivery expense accounting intentionally made erroneous accounting accrual entries" starting around the end of 2021, Macy's said.

From BBC

"They refused to propose any wage increases, vacation/sick leave accrual, progression, ratification bonus, or the 401k Match/SCRC Contribution. They also would not reinstate the defined benefit pension," the IAM said in a statement.

From BBC

But years later, he reread “Robot Dreams” to pass the time and something new had happened: an accrual of personal experience that deepened the story.

From Los Angeles Times