Keyword Analysis & Research: accrued definition

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What does the word accrued mean?

accrue(Noun) Something that accrues; advantage accruing. accrue(Verb) To increase, to augment; to come to by way of increase; to arise or spring as a growth or result; to be added as increase, profit, or damage, especially as the produce of money lent.

What is the legal definition of accrued?

The definition of accrued is when something grew in amount or value. An example of accrued is when a person acquires wisdom with age. ... Accrued is defined as something that increased over time.

What does accrued mean accounting?

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.

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