accrual
noun
- in finance, adding together of interest or different investments over a period of time
- accumulate, gather
Wiktionary
Pronunciation: /əˈkɹuːəl/
noun
Etymology: Etymology tree English accrue Proto-Indo-European *h₂el-der.? Proto-Italic *-ālis Latin -ālisbor. Old French -albor. ▲ Latin -ālis Old French -elbor. ▲ Latin -ālisbor. Middle English -al English -al English accrual From accrue + -al.
- The act or process of accruing; accumulation.
“The effect of her alcoholism wasn't over, of course, and our relationship continues well past her death. What did change was that the accrual of new events stopped. I didn't have to worry about her anymore. She would never drink again.”
- An increase; something that accumulates, especially an amount of money that periodically accumulates for a specific purpose
“The finding out of the source accrual or arisal of income is not material as the incidence of charge is dependent on the place of accrual or arisal of income.”
- from the creditor's viewpoint, a receivable incurred in one fiscal year, but paid during another.
- from the debtor's viewpoint, a debt incurred in one fiscal year, but paid during another.
- Recruitment (of participants) to a clinical trial.