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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 ?
M&F will be able to deduct the accrued bonus in the current year, provided it is paid to Minton within 21/2 months following the close of the current year.
Because the 1988 agreement conferred the same benefit but did not include the "prior to 3/31/91" restrictive language, Meredith claimed that the 1991 agreement was an impermissible amendment to the pension plan reducing an accrued benefit.
Although the case does not directly discuss this issue, a footnote indicates that the interest accrued must be ".
When an employee dies, the employer will often owe the employee for accrued current wages, vacation accruals, bonuses earned, etc.
106, amounts to be paid under individual deferred compensation contracts must be fully accrued by the full eligibility date.
On and after the redemption date, all holders of cumulative preferred stock shall cease to be shareholders, all dividends on the shares of each series will cease to accrue and all rights with respect to such shares will cease, except the right to receive the redemption price and unpaid and accrued dividends up to the redemption date, upon surrender of the certificates for the shares.
163(a) allows as a deduction all interest paid or accrued within the tax year on indebtedness.
The court held that advance payments of accrued interest in arrears were deductible because they represented a charge for the use or forbearance of borrowed money.
The privately placed bond will also have a maturity of January 2028, but will be exchanged at a 20% exchange ratio (that is, for each $100 reconciled amount of tendered eligible claims, including calculated interest accrued through the date of exchange as described above, the tendering holder will receive a new bond with a $20 face value).
This rate differential, when combined with other specifics of a decedent's estate, can provide reason to bring the accrued income into the decedent's final income tax return.
Holders of the Depositary Shares will receive accrued and unpaid dividends through the redemption date.
For tax purposes, the restructuring charge was not accrued until 1987, at which time $109 million was accrued and deducted; the remainder was accrued in later years.