C1nounformalmoneybusiness
US/əˈkruː.əl/
UK/əˈkruː.əl/
the gradual growth or build-up of money, interest or benefits over time
In context
The accrual of interest on the loan made it more expensive each month.
Vacation accrual is two days for every month an employee works.
The accountant explained the accrual of costs in the annual report.
Words that go with accrual
noun + preposition
- accrual of interestThe accrual of interest slows once the debt is paid.
- rate of accrualThe rate of accrual depends on your length of service.
- accrual of benefitsPension rules limit the accrual of benefits.
noun + noun
- accrual accountingThe firm switched to accrual accounting last year.
- accrual periodThe accrual period ends on the last day of June.