Accrued Word Meaning

Audio Pronunciation:

Definition:

(of a benefit or sum of money) received or accumulated in regular or increasing amounts over time

Short Definition:

(of benefit or sum of money) received or accumulated in regular or increasing amounts over time

Examples:

• the accrued interest
• accrued leave

Definition:

(of a charge or cost relating to work done but not yet invoiced) made provision for at the end of a financial period

Short Definition:

(of charge or cost) made provision for at end of financial period

Examples:

• accrued expenses