Accrual

Accrual (accumulation) 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...
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Accrual

• (n.) Accrument.
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Accrual

Ac·cru'al noun Accrument. [ R.]
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Accrual

A term used in company accounts where income is due or a cost is incurred during an accounting... <a target=_blank href='http://www.finance-glossary.com/terms/accrual.htm?id=11&ginPtrCode=00000&PopupMode=false' title='Read full definition of accrual'>more</a>
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Accrual

Accrual represents revenues and expense, which are not recorded on a firm?s balance sheet; however, they have an impact on the firm?s income and assets that are based on accrual accounting, such as accounts receivable, accounts payable and interest expenses.
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Accrual

An expense due but not yet recorded in books, e.g. wages being paid in arrears.
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Accrual

The accumulation of payments or benefits over time
Found on http://www.encyclo.co.uk/local/22643

Accrual

The amount of money that is set aside to cover expenses. The accrual is the plan's best estimate of what those expenses are, and (for medical expenses) is based on a combination of data from the authorization system, the claims system, lag studies, and the plan's prior history.
Found on http://www.encyclo.co.uk/local/20102

Accrual

The recognition of assets, expenses, liabilities or revenues after the cash value has been determined, but before it is transferred.
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