Definition:
Accrual
Back to Finance Glossary | Previous Page
Accrual refers to when income is due or an expense is incurred during a period but has not yet been received or paid. Once specific example of an accrual would be interest. Interest on a car loan accrues throughout the month and then gets billed to the borrower as his or her monthly payment.
Latest Articles Related to Accrual
Back to Finance Glossary | Previous Page
This web site is intended only to convey information. It is not to be construed as an investment guide or as an offer or solicitation of an offer to buy or sell any securities. The author has taken all usual and reasonable precautions to determine that the information contained in this website has been obtained from sources believed to be reliable.
