accrue

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Accrue

To earn but not collect. For example, if a company makes $1 million in revenue but has not collected $250,000 before it must make its quarterly statement, it is said to have accrued $250,000 in revenue. By the same token, the interest a bond has earned between coupon payments is said to accrue. See also: Accruals.

accrue

To accumulate; grow. A $100,000 loan at 7 percent interest accrues interest at the rate of $7,000 per year, or $19.18 per day. The mortgage holder on a property being sold will typically tell the closing company a payoff amount accurate as of the anticipated closing date, with a daily accrual for each day closing is delayed.

References in periodicals archive ?
Therefore, some of the respondents were probed on the benefits accruable from organising them.
This implies that there would be a reduction in yield and income accruable to the pepper farmers if problem was not tackled.
use of PHCN source only, the margin accruable to respondents was quite high (N28,057.
However, the significant moderation effect of career consequence shows that the benefit accruable to employers who invest in work-family friendly policies may not be fully realised, if the organisational culture does not support the use of the policies.
The IFC official noted that the benefits accruable from mortgage liquidity facility are many.
The total specific provision and reserve interest (the notional interest accruable to banks from non-performing loans) touched RO298 million by end of March 2010, from RO235.
451-l(a) permits a taxpayer to take advance payments for goods into account either in the tax year in which the taxpayer receives payment or in the tax year in which the advance payment is properly accruable under the taxpayer's method of accounting.
4 inch LCD touch screen, access to the luxurious Golden Lounge, 20+5 kilo baggage allowance, ability to earn 125% accruable enrich miles and economy class calculated Airport Taxes, Levies and Fuel Surcharge are the main features of economy plus.
Cost and returns analysis was used to obtain the revenue and the profit accruable to the corn millers.
The latter are contingent rentals that affect the measure of expense or income as accruable, as specified by Statement 29.
max] no incremental benefit is accruable to the total benefits, thus verification efforts exceeding the point [E.