an expense incurred but not yet paid, as accrued interest on notes payable.
- Accrued income
income earned but not yet received nor past due.
- Accrued interest
interest accumulated at a given time but not yet due or paid. Historical Examples None could be issued, used as security for loans, or bought up by the government, at less than par plus the accrued interest. The War With Mexico, Volume II (of 2) Justin H. Smith But David counted out his debt to […]
- Accrued liability
the amount of liability accumulated at a given time but not yet paid.
to happen or result as a natural growth, addition, etc. to be added as a matter of periodic gain or advantage, as interest on money. Law. to become a present and enforceable right or demand. verb (intransitive) -crues, -cruing, -crued to increase by growth or addition, esp (of capital) to increase by periodic addition of […]