Advertisement
Advertisement
accrual basis
noun
- a method of recording income and expenses in which each item is reported as earned or incurred without regard to when actual payments are received or made.
Discover More
Word History and Origins
Origin of accrual basis1
First recorded in 1930–35
Advertisement
Word of the Day
[fur-kin ]
Meaning and examplesStart each day with the Word of the Day in your inbox!
By clicking "Sign Up", you are accepting Dictionary.com Terms & Conditions and Privacy Policies.
Advertisement
Advertisement
Advertisement
Browse