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- By the time they leave, they’ll have accrued a year’s holiday pay.
- Accumulate, agglomerate, aggregate, amass, collect, cumulate, garner, gather, hive, pile up, roll up.
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- Supplier accruals—these happen if a company receives a good or service from a supplier on credit and plans to pay the supplier at a later date.
Accrued interest refers to the interest that has been incurred on a loan or other financial obligation but has not yet been paid out. Accepted and mandatory accruals are decided by the Financial Accounting Standards Board , which controls interpretations of GAAP.
grow by addition
The past tense of accrue can also be used as an adjective describing something that has been accumulated, as in accrued interest. Here’s a list of similar words from our thesaurus that you can use instead. Look up any word in the dictionary offline, anytime, anywhere with the Oxford accrue synonym Advanced Learner’s Dictionary app. Interest expense accruals—these occur when a owes monthly interest on debt prior to receiving the monthly invoice. Accruals can include accounts payable, accounts receivable, goodwill, future tax liability, and future interest expense.
By using this site, you agree to the Terms of Use and Privacy Policy. The word in the example sentence does not match the entry word. And boys and girls agreed that they could learn more music and accrue more musical knowledge with the aid of technology. Banks finance entrepreneurs and maximize profits or bank capital accruing to current shareholders. She has accrued $80,000 of student debt in her educational pursuit. Interest accruing at 18% or more a year can quickly drain your future purchasing power.
accrue | American Dictionary
Accrued revenue—an asset on the balance sheet—is revenue that has been earned but for which no cash has been received. Supplier accruals—these happen if a company receives a good or service from a supplier on credit and plans to pay the supplier at a later date. Assume that Company ABC hires Consulting Firm XYZ to help on a project that is estimated to take three months to complete.
Accumulate, agglomerate, aggregate, amass, collect, cumulate, garner, gather, hive, pile up, roll up. Sign In To view full details, sign in with your My Oracle Support account. In longer periods of poverty past savings are depleted, household goods deteriorate and cannot be replaced, and debts accrue and become unsustainable. A typical characteristic of these average-salary schemes is that indexation of all accrued liabilities is made dependent on the solvency position of the pension fund. Others voiced uncertainty about what benefits would accrue in policies and programmes.
Nearby words
To wind or collect into a ball; hence, to gather into a mass or anything like a mass. Many states also implement preference point systems where applicants accrue points each year they apply—it may take years of applications to obtain a particularly coveted license.
While ABC owes XYZ $50,000 after each monthly milestone, the total fee accrues over the duration of the project instead of being paid in installments. The benefits accruing through positive discrimination are neither enough nor shared by all. Table 3 presents the proportion of people in mid-life with any state pension entitlements accrued through either contributions or credits by age and caring status.
How to pronounce accrue
In section 4.2 we conjectured that significant benefits might accrue from incorporating an enumeration/evaluation measure into a psychological learning model. By the time they leave, they’ll have accrued a year’s holiday pay. Interest on this savings account accrues at the rate of 4 percent. The accrual principle typical of financial accounting is incompatible with tax systems’ realization principle. I think people would read it for what it is – wanting to make sure that whatever access is given to foreign companies, the benefits still accrue to domestic companies. D vacation time and to cut pension benefits for all employees who didn’t work full time.
