verb (accrues, accruing, accrued)[no object]
- 1(Of a benefit or sum of money) be received by someone in regular or increasing amounts over time: financial benefits will accrue from restructuring (as adjective accrued) the accrued interestMore example sentences
- The report also noted the negative effect of the depleted cash resources on the interest income accrued to the fund.
- Further savings should accrue from debt refinancing.
- Within this top 1%, the largest wealth gains accrued to people with household net worth over $50 million.
- 1.1 [with object] Accumulate or receive (payments or benefits) over time: they accrue entitlements to holiday payMore example sentences
- The Air Force has invited students to accrue the benefits from the career opportunities exhibition as a run up to the recruitment rally.
- Those who stay long enough to accrue retirement benefits stream back by the thousands.
- The rate at which directors can accrue benefits is also more generous than the schemes they offer to their staff.
- 1.2 [with object] Make provision for (a charge) at the end of a financial period for work that has been done but not yet invoiced: at 31 December the amount due for the final quarter is accruedMore example sentences
- Just an example: prior to 2002 the entities had to accrue provisions for bad debts depending on the maturity of the receivables and calculated as a fixed percentage of the debt.
- A debt can be garnished by a judgment creditor if it is accrued and payable at the time the order nisi is made.
- More example sentences
- On March 31, 2004, the firm had a bank overdraft of more than €303,000 and trade creditors and accruals totalling €362,236.
- The difference between his figure and the published figures in the Pentagon budget ‘is primarily due to accruals for military health benefits legislated in 2000’.
- Compensation of employees is the sum of wage and salary accruals, employer contributions for government social insurance, and other labor income.
late Middle English: from Old French acreue, past participle of acreistre 'increase', from Latin accrescere 'become larger' (see accrete).