Accrual Rate

Business, Legal & Accounting Glossary

Definition: Accrual Rate

Accrual Rate

Quick Summary of Accrual Rate

The rate of build-up of a pension in a scheme where the calculation is based on salary. The accrual rate is generally expressed as some fraction – for example, sixtieths – of final pay.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Accrual Rate. Payroll & Accounting Heaven Ltd.
January 18, 2022
Chicago Manual of Style (CMS):
Accrual Rate. Payroll & Accounting Heaven Ltd. (accessed: January 18, 2022).
American Psychological Association (APA):
Accrual Rate. Retrieved January 18, 2022
, from website:

Definition Sources

Definitions for Accrual Rate are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 26th April, 2020 | 4 Views.