Accrual Rate

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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.
References in periodicals archive ?
In the new formula, annual accrual rates are set according to the level of wages declared (decreasing between 2.
To counterbalance some of the resulting deterioration of pensions, most schemes saw their accrual rates increase (with the exception of the police and fire fighter schemes).
BNY Mellon's US investor solutions group has launched a real-time service to deliver net asset values (NAV) and daily dividend accrual rates for mutual funds, the company said.
And while the UK Government is seemingly bending over backwards to clear the numerous and challenging hurdles to pave the way for a new owner of Tata Steel UK to emerge - including looking to ringfence the current in-deficit British Steel Pension Scheme and potentially using legislation to change future accrual rates to the lesser consumer price index measure of inflation - it was never going to offer the same support to BHS.
The agreement, which sees the accrual rates for Batelco's customers raised from 30 to 50 Gulf Air Falconflyer Miles for every BD100 spent, was signed at the national carrier's head office by Gulf Air acting chief commercial officer Ahmed Janahi and Batelco consumer division acting general manager Ebrahim Al Sayed.
The agreement, which sees the accrual rates for Batelco's customers raised from 30 to 50 Gulf Air Falconflyer Miles for every BD100 ($263) spent, was signed at the national carrier's head office by Gulf Air acting chief commercial officer Ahmed Janahi and Batelco consumer division acting general manager Ebrahim Al Sayed.
The agreement, which raised the accrual rates for Batelco's customers receiving Gulf Air Falconflyer Miles, was signed at the national carrier's head office by Gulf Air A/Chief Commercial Officer Ahmed Janahi and Batelco A/General Manager Consumer Division, Ebrahim Al Sayed.
Unions are also angry at proposed changes to the JLR defined contribution pension scheme which they say would reduce accrual rates.
Learn about benefit accrual rates relative to dollars contributed.
MPs have a final salary scheme with a choice of accrual rates.
The Government had broken the 10-month deadlock by backing down on accrual rates and scrapping changes for those retiring within 10 years.
I think it gives significant protection to those close to retirement and very generous accrual rates.