noun

definition

An increase; something that accumulates, especially an amount of money that periodically accumulates for a specific purpose

definition

From the creditor's viewpoint, a charge incurred in one accounting period that has not been, but is to be, paid by the end of it.

Examples of accrual in a Sentence

Czech Airlines reserves the right to make partial or full disqualification of some discount tariffs from mileage accrual.

From 2007, new entrants will have a better pension accrual rate to help offset their normal pension age of 65.

For defined benefit accrual from April 2005 the ceiling is to reduce to 2.5% each year.

Under such an accrual system, leave is built up monthly in advance at the rate of one twelfth of the annual entitlement.

For example, the SAI used interchange options for the staff to gain experience on auditing accrual accounting in government.

Such contributions will be regarded as " relevant benefit accrual " which would invalidate enhanced protection.

The rate of accrual for vacation time varies based on length of service.

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