accrue

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To include an event on the accounting records regardless of whether any cash changed hands. For example, at the end of a fiscal year a company may accrue its income tax expense for that year, even though the money will not be paid for several months.
See also cash basis .

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1. accumulate or increase.


Example: XYZ Corporation borrowed $1,000,000 at 6% interest, payable annually at the end of the year. Each month $5,000 of interest on the loan accrued.

2. enter in financial records an amount that has not been paid or received.


Example: Each month XYZ Corporation’s accountant accrued $5,000 of interest expense on the financial statements.

Previous:	Accrualmethod, Accretion
Next:	Accrued Expense, Accrued Interest

verb

To bring together so as to increase in mass or number: accumulate, agglomerate, aggregate, amass, collect, cumulate, garner, gather, hive, pile up, roll up. See collect/distribute.

v

Definition: increasing by addition of growth, often financial
Antonyms: decrease, lose

This entry contains information applicable to United States law only.

To increase; to augment; to come to by way of increase; to be added as an in- crease, profit, or damage. Acquired; falling due; made or executed; matured; occurred; received; vested; was created; was incurred.

To attach itself to, as a subordinate or accessory claim or demand arises out of, and is joined to, its principal.

The term is also used of independent or original demands, meaning to arise, to happen, to come into force or existence; to vest, as in the phrase, "The right of action did not accrue within six years." To become a present right or demand; to come to pass.

Interest on money that a depositor has in a bank savings account accrues, so that after a certain time the amount will be increased by the amount of interest it has earned.

A cause of action, the facts that give a person a right to judicial relief, usually accrues on the date that the injury to the plaintiff is sustained. When the injury is not readily discoverable, the cause of action accrues when the plaintiff in fact discovers the injury. This occurs frequently in cases of fraud or malpractice. A woman, for example, has an appendectomy. Three years after the surgery, she still experiences dull pain on her right side. She is examined by another physician who discovers a piece of surgical sponge near the area of the operation. Although the injury had occurred at the time of surgery three years earlier, in this case the cause of action for medical malpractice accrues on the date that the sponge is discovered by the second doctor. This distinction is important for purposes of the running of the statute of limitations, the time set by law within which a lawsuit must be commenced after a cause of action accrues. In cases involving injuries that cannot be readily discovered, it would be unfair to bar a plaintiff from bringing a lawsuit because he or she does not start the suit within the required time from the date of injury.

The ability for something to accumulate over time. In finance, "accrue" is most commonly used when referring to interest, income and expenses of an individual or business. Interest in your savings account accrues so that over time the total amount in your account grows.

Investopedia Says:
In practice, the word "accrue" is often synonymous with the concept of accrual accounting, which has become the standard accounting practice for most companies. This form of accounting measures the performance and position of a company by recognizing economic events regardless of when cash transactions occur, which gives a better picture of the company's financial health.

Related Links:
Learn what it means to do your homework on a company's performance and reporting practices before investing. Advanced Financial Statement Analysis

IN BRIEF: To gain or come about.

Do you think my savings will accrue much interest?

Tutor's tip: It is very good to "accrue" (increase or accumulate) interest in a bank account, but remember that money is green and not "ecru" (a light brown color).

LearnThatWord.com is a free vocabulary and spelling program where you only pay for results!

See words rhyming with "accrue."

  See crossword solutions for the clue Accrue.

Dansk (Danish)
v. intr. - tilflyde, øges, opsamles
v. tr. - påløbe, løbe på

idioms:

• accrue to    tilflyde, øges, påløbe

Nederlands (Dutch)
toenemen (m.n. financiën), groeien, zich ophopen, ontstaan (als wettige eis)

Français (French)
v. intr. - revenir à, (Fin) courir, s'accroître, s'accumuler
v. tr. - augmenter, (Fin) courir, accroître, accumuler

Deutsch (German)
v. - wachsen, anwachsen

Ελληνική (Greek)
v. - προκύπτω, προέρχομαι

idioms:

• accrue to    επαυξάνω

Italiano (Italian)
accumularsi, accrescere

idioms:

• accrue to    maturare

Português (Portuguese)
v. - resultar, caber, acumular (Fin.)

idioms:

• accrue to    acumular-se por um período de tempo (Fin.)

Русский (Russian)
нарастать, накапливаться

idioms:

• accrue to    доставаться (о наследстве и т.п.)

Español (Spanish)
v. intr. - derivarse, acumularse
v. tr. - proceder, derivar, acumular

Svenska (Swedish)
v. - tillkomma, växa till

中文（简体）(Chinese (Simplified))
产生, 形成, 滋生, 增加, 积累, 获得

idioms:

• accrue to    产生, 形成, 自然积累而成

中文（繁體）(Chinese (Traditional))
v. intr. - 產生, 形成, 滋生, 增加
v. tr. - 積累, 獲得

idioms:

• accrue to    產生, 形成, 自然積累而成

한국어 (Korean)
v. intr. - 생기다, 붙다
v. tr. - 이 생기다, 붙다

idioms:

• accrue to    생기다

日本語 (Japanese)
v. - 生じる, たまる, 権利として確立する

idioms:

• accrue to    結果として生じる

العربيه (Arabic)
‏(فعل) يتراكم, سصبح مطلبا شرعيا‏

עברית (Hebrew)
v. intr. - ‮הצטבר, גדל, צמח‬
v. tr. - ‮צבר, אסף‬

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