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- Dictionaryaccrue/əˈkruː/
verb
- 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" Similar
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to increase over a period of time, or to get an amount of something gradually over time: [ I ] Interest on this savings account accrues at the rate of 4 percent.
The meaning of ACCRUE is to come into existence as a legally enforceable claim. How to use accrue in a sentence.
Definition of accrue verb in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
Feb 27, 2021 · To accrue means to accumulate over time—most commonly used when referring to the interest, income, or expenses of an individual or business. Interest in a savings account, for example,...
Accrue means to grow and accumulate naturally or to be added periodically. It’s especially used in the context of finance to refer to the growth of interest in an account.
to increase over a period of time, or to get an amount of something gradually over time: [ I ] Interest on this savings account accrues at the rate of 4 percent.
Jun 25, 2024 · Accruals are revenues earned or expenses incurred that impact a company's net income on the income statement but cash related to the transaction...
Feb 21, 2024 · In accounting, accrued interest refers to the amount of interest that has been incurred, as of a specific date, on a loan or other financial obligation but has not yet been paid...
If money or interest accrues or if you accrue it, it gradually increases in amount over a period of time. If you do not pay within 28 days, interest will accrue.
To accrue is to accumulate or to keep growing in value or size. If you can accrue enough extra credit to build up your grade, you won't have to take the final exam.
