ACCRUAL

Accrual

Accrual of something is, in finance, the adding together of interest or different investments over a period of time. It holds specific meanings in accounting, where it can refer to accounts on a balance sheet that represent liabilities and non-cash-based assets used in accrual-based accounting. These types of accounts include, among others, accounts payable, accounts receivable, goodwill, deferred tax liability and future interest expense.

The above text is a snippet from Wikipedia: Accrual
and as such is available under the Creative Commons Attribution/Share-Alike License.

accrual

Noun

  1. An increase; something that accumulates, especially an amount of money that periodically accumulates for a specific purpose
  2. a charge incurred in one accounting period that has not been paid by the end of it.


The above text is a snippet from Wiktionary: accrual
and as such is available under the Creative Commons Attribution/Share-Alike License.

Need help with a clue?
Try your search in the crossword dictionary!