(redirected from accruable)
Also found in: Dictionary, Thesaurus, Legal.


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.


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 ?
As a further step to safeguards banking sector, the Central Bank of Nigeria has made it mandatory that all outstanding balance of unpaid loans or bad debts accruable during the financial year must be fully provided for in the balance sheets at the end that financial year.
If these charities and non-profits follow their conscience and decline to participate in the meaningless accounting gimmick, the administration will make them pay huge penalties accruable on a daily basis -- one hundred dollars per employee per day.
He listed increased crop yield and quality, decreased water cost, the prospects for significant profits, among the accruable benefits the farmers will gain from the system.
The exemption from all taxes on income accruable in relation to the development and operations of the SEZ for a period of ten years will start from the date of signing of the development agreement, he added.
This paper will specifically look into librarians' perception on networked multimedia resources; the study aims to examine the concept of multimedia, the characteristics of multimedia, benefit accruable from multimedia to learning, and challenges.
This is about people recognising the benefits as well as gains accruable from aligning their commitment to an organisation's ideals.
Generally, advance payments must be reported as income either (1) in the year of receipt or (2) in the year properly accruable under the taxpayer's method of (tax) accounting, provided they are reported no later than they would be for financial statement purposes.
Not included in this estimate is a fourth quarter charge of approximately $10 million to reflect accruable costs related to the restructuring actions.
Wada further appealed for an increase in the amount accruable to states under the programme.
The notes bear accruable interest at the rate of 8% and the principal and interest are both payable at the end of the term, or when certain thresholds have been met, in cash, or in shares, at the option of the lender.
Interests are values pursued by individuals and groups in conflict, which may represent immediate and distant benefits or gains accruable to such parties.
Even though the rent is properly accruable on September 30, Jancorp cannot take the deduction until it pays it.