noun

accrual

accrual, accumulation, increase

The accrual of interest is calculated daily.

The accrual of interest is calculated daily.

This report uses the accrual basis of accounting.

This report uses the accrual basis of accounting.

the accrual of ((sth.)) The accrual of interest is calculated daily.

Synonyms: accumulation, buildup, increase

From the verb 'accrue', which comes from Latin 'accrescere' (to grow).

Often used in finance and accounting. Think of interest 'accruing' or adding up. The noun form is 'accrual'.

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