accrual
IPA: ʌkrˈuʌɫ
noun
- An increase; something that accumulates, especially an amount of money that periodically accumulates for a specific purpose
- (accounting) from the creditor's viewpoint, a charge incurred in one accounting period that has not been, but is to be, paid by the end of it.
- (health sciences) Recruitment (of participants) to a clinical trial.
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Examples of "accrual" in Sentences
- For a young participant, the cash balance accrual is ordinarily faster.
- The decline versus the prior quarter was related to a lower bonus accrual, which is tied to company performance.
- Amgen (AMGN): Q1 revenues contained a $33 million "accrual," with an estimated "impact" of $200 million to $250 million for the year.
- Sonny Perdue and the State Transportation Board over whether the DOT has the legal authority to obligate the state to multi-year funding commitments using a system of "accrual" accounting.
- Then there was a gigantic accounting gimmick -- a shift from pay-as-you-go bookkeeping to something known as "accrual" accounting in the government's pension-guarantee and deposit-insurance funds.
- The House voted overwhelmingly Tuesday to authorize the DOT to award multi-year contracts for highway projects and a variety of other activities, a system of "accrual" accounting the agency used before a 2008 state audit concluded that it violated Georgia's Constitution.
- I'm sure cash-basis accounting has a place somewhere in the world, but the vast majority of businesses adhere to another convention called accrual-basis, which says that revenue is earned and expenses are generated at the moment of the transaction -- not when cash changes hands.
- In the US, the largest capital market and borrower, even the most optimistic budget estimates foresee another decade of crushing deficits that will grow the official deficit by some $9 trillion and the real (i.e., "accrual" or "unofficial") deficit by perhaps another $20 to $30 trillion, once we account for growth in liabilities.
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