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 ?
The intercropping system practised by the pepper farmers could help them to diversify their farming activities, a situation which could increase accruable total farm revenue.
From Table 5 it can be observed that a higher and significant proportion (64.92%) of revenue accruable to GSM business is attributable to commercial cell phone battery charging (p 0.05).
The next question on philosophy of posterity borders on reciprocal benefits accruable to forebears while acting on behalf of posterity.
The economic benefits accruable to the state from such information are maximized by increasing its distribution and use through inexpensive mechanisms (OECD 2001, Eckardt 2008).
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 RO235.3 million for the same period last year, the Central Bank of Oman said in its quarterly statistical bulletin.
1.451-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.
A-la-carte menu and snacks, fully adjustable angled flat beds, personal 10.4 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.