Dictionary
1accrual
noun ac·cru·al \ə-ˈkrü-əl\
Definition of ACCRUAL
1
: the action or process of accruing
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First Known Use of ACCRUAL
1880
Related to ACCRUAL
Other Business Terms
2accrual
adjective
Definition of ACCRUAL
: relating to or being a method of accounting that recognizes income when earned and expenses when incurred regardless of when cash is received or disbursed — compare cash
First Known Use of ACCRUAL
1917
Other Business Terms
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