Another Word For Accrued

Search for words with similar meanings

Meaning

The word "accrued" refers to the accumulation or increase of something over a period of time. In finance and accounting, it often relates to income or expenses that have been earned or incurred but not yet received or paid. Essentially, it describes the process of gathering or amassing benefits, rights, or obligations.

Synonyms

Antonyms

Etymology

The word "accrued" comes from the Latin word "accruere," which means "to increase" or "to grow." It combines "ad-" (to) and "cruere," which means "to grow."

Examples

  1. Interest on the savings account has accrued over the past year, resulting in a higher balance.
  2. The company recorded the accrued expenses in its financial statements to accurately represent its obligations.
  3. As the project progressed, several benefits accrued to the team, enhancing their skills and collaboration.
  4. The accrued vacation days can be carried over into the next calendar year, according to company policy.
  5. She realized that significant rewards had accrued from her hard work and dedication over the years.

Discover the meaning of more words:

sowinterimdslcommoditysiccsauphold