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What (who) is Accrue - definition
IN FINANCE, ADDING TOGETHER OF INTEREST OR DIFFERENT INVESTMENTS OVER A PERIOD OF TIME
Accrual basis accounting; Accruals Concept; Accrual accounting; Accrued Expense; Accrued revenue; Accrue; Accrued benefit; Accrued benefits; Accrued Benefits; Accruals; Accrual basis; Accrued expense; Accrued income; Accrued Revenue; Acrrual; Accrued expenses
accrue
v. 1) growing or adding to, such as interest on a debt or investment which continues to accumulate. 2) the coming into being of the right to bring a lawsuit. For example, the right to sue on a contract only accrues when the contract is breached (not on mere suspicion that it might be breached) or when the other party repudiates the contract (anticipatory breach).
accrue
v. n.
Result, proceed, come, arise, issue, follow, flow, ensue, be added, be derived, be gained, be got, come in, accumulate (intrans.).
Wikipedia
Accrual
In finance, an accrual (accumulation) of something is the adding together of interest or different investments over a period of time.
Examples of use of Accrue
1. That price will accrue to whoever controls the market.
2. While the economic benefits of migration accrue nationally, the social costs are concentrated locally.
3. Employees accrue four hours every pay period, or 13 days a year.
4. More savings would accrue is gasoline is at $3 a gallon.
5. Winners also will enjoy the bragging rights that accrue after their political prowess is publicized.