Accrued Benefit

Business, Legal & Accounting Glossary

Definition: Accrued Benefit


Accrued Benefit


Full Definition of Accrued Benefit


Pension benefit that an employee has earned based on his or her years of service at a company. Accrued benefits are often calculated in relation to the employee’s salary scale.


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https://payrollheaven.com/define/accrued-benefit/
Modern Language Association (MLA):
Accrued Benefit. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
May 18, 2024 https://payrollheaven.com/define/accrued-benefit/.
Chicago Manual of Style (CMS):
Accrued Benefit. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/accrued-benefit/ (accessed: May 18, 2024).
American Psychological Association (APA):
Accrued Benefit. PayrollHeaven.com. Retrieved May 18, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/accrued-benefit/

Definition Sources


Definitions for Accrued Benefit 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: 20th November, 2021 | 0 Views.