accrual
(noun)
/əˈkruːəl/
Giải nghĩa:
The process of something increasing or growing over time
The process of something increasing or growing over time
Ví dụ:
The accrual of interest on the loan continues each month
The accrual of interest on the loan continues each month
accrual
(noun)
/əˈkruːəl/
Giải nghĩa:
In finance, the recognition of revenue or expenses that have been incurred but not yet recorded
In finance, the recognition of revenue or expenses that have been incurred but not yet recorded
Ví dụ:
The company accounts for the accrual of expenses each month to ensure accurate financial reporting
The company accounts for the accrual of expenses each month to ensure accurate financial reporting
Cách sử dụng
Accrual refers to the accumulation or addition of something over time, such as the accumulation of interest on a bank account or the accumulation of vacation days for an employee. It is commonly used in finance, accounting, and business to track the progression of earned income or expenses over a period of time. As an English learner, you may encounter the term in a professional or academic setting when discussing financial matters.
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