Accrue

Business, Legal & Accounting Glossary

Definition: Accrue



What is the dictionary definition of Accrue?

Dictionary Definition


  1. growing or adding to, such as interest on a debt or investment which continues to accumulate.
  2. the coming into being of the right to bring a lawsuit. For example, the right to sue on a contract only accrues when the contract is breached (not on mere suspicion that it might be breached) or when the other party repudiates the contract (anticipatory breach).

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
https://payrollheaven.com/define/accrue/
Modern Language Association (MLA):
Accrue. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 25, 2020 https://payrollheaven.com/define/accrue/.
Chicago Manual of Style (CMS):
Accrue. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/accrue/ (accessed: November 25, 2020).
American Psychological Association (APA):
Accrue. PayrollHeaven.com. Retrieved November 25, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/accrue/

Definition Sources


Definitions for Accrue 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 | 0 Views.