Accrual Rate

Accrual Rate

The interest rate that is charged on a loan or bond but is not paid until a later date. For example, if one pays the interest on one's mortgage every month, the accrual rate is the interest rate charged to the principal of the mortgage each day of a month until the payment is made.
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"Our accrual rate in the registrational ILLUMINATE-301 trial has exceeded our expectations, which is reflective of the high unmet need in this patient population.
For example 30% contributions for a 30% accrual rate, or any other percentage in 10% increments depending on their financial situation.
The pension portion of the hybrid options, however, does feature a lower annual benefit accrual rate than previously offered.
While the underlying loans' accrual rate factor in the increased inflation, as the amount due to the issuer is capped at the property value at the point of redemption there may be a mismatch.
Accordingly, employers either create a policy with the highest accrual rate (Oregon's 1:30) and the highest accrual amount (Washington's no cap), or create two different policies.<br />The compliance issue gets even more complicated for businesses that send workers across the state line, as is common in the construction industry.
The Social Security Act of 2002 also introduced parametric changes through modification of the benefit rules via the accrual rate, depending on the level of income.
Moreover, the proposal reduces the service accrual rate for purposes of calculating the pension plan benefit from 3.3 percent to 3 percent for justices and judges.
They also had a unique feature: a two-tier accrual rate by which pension rights accrued at an annual rate of 1/60th for the first 20 years, followed by rights accrued at 1/30th for each year thereafter, providing for a very rapid accrual of rights later in the career.
All business owners know is the accrual rate. But it's not the same across the Gulf-the formula differs in each of the six countries in the GCC.
All business owners know is the accrual rate. But it's not the same across the Gulf--the formula differs in each of the six countries in the GCC.
A defined contribution pension or savings plan is the most popular way of enhancing ESBs, followed by the application of continuous service and enhancing the accrual rate, according to the report.
At the 5 year point the accrual rate for gratuity rate is enhanced.