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accrual
/ əˈkruːəl /
noun
- the act of accruing
- something that has accrued
- accounting a charge incurred in one accounting period that has not been paid by the end of it
Other Words From
- nonac·crual adjective
Example Sentences
"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.
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.
Aftershock sequences weaken over time, but strain accrual can lead to larger earthquakes in the future.
Even so, some advocates encourage borrowers to wait for now, since there’s no financial penalty for nonpayment during the pause on payments and interest accrual.
Beginning in 2024, accrual rates will be determined by a worker’s average daily earnings, excluding tips.
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More About Accrual
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.
Where does accrual come from?
Accrual is first recorded in the 1700s but came into more common use toward the end of the 1800s. It is derived from the French word acreistre, meaning “to increase.”
Accrual almost always refers to a quantity that is steadily growing—more and more of the thing is acquired as time passes. It is most often used when discussing the accrual of interest in a savings account or other type of account or investment. But it can be used in many different scenarios. For some employees, the accrual of vacation days may be limited (meaning they stop acquiring them after a certain number is reached). Accrual can also be used more generally in reference to the accumulation of intangible things, such as the accrual of power or wisdom.
Did you know ... ?
What are some other forms of accrual?
- accrue (verb)
- nonaccrual (adjective)
What are some words that share a root or word element with accrual?
- accruement
- accruable
- nonaccrued
- nonaccruing
What are some synonyms for accrual?
What are some words that often get used in discussing accrual?
How is accrual used in real life?
Accrual is often used when discussing finances, but it can refer to the accumulation of many things—money, airplane miles, even ice during a winter storm.
Corporate greed has resulted in accrual of truly staggering levels of wealth, well beyond what the owners of the companies actually need.
The Citizens United court decision then permits them to protect against those who want to level the playing field. What a mess!— Jim (@hansonji) December 24, 2019
You are able to see your mileage accrual for upcoming flights in the app or you can view how miles are earned here: https://t.co/6ximdhWL0D. ^RA
— United Airlines (@united) December 23, 2019
Just a random thought … Not to say that the icing tonight & tomorrow won't be significant in New England, but I am skeptical of widespread 0.50"+. Temperatures are going to be very marginal (29-31F) and ZR will be heavy, which is not conducive for ice accrual.
— Alex Klucher (@AlexKlucher) December 30, 2019
Try using accrual!
Which of the following things can be acquired through the process of accrual?
A. interest
B. vacation days
C. knowledge
D. all of the above
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