accrue v
1. grow by addition; "The interest accrues"
2. come into the possession of; "The house accrued to the oldest son" [syn: fall]

Accrue \Ac*crue"\ ([a^]k*kr[udd]"), v. i. [imp. & p. p. Accrued; p. pr. & vb. n. Accruing.] [See Accrue, n., and cf. Accresce, Accrete.]
1. To increase; to augment. And though power failed, her courage did accrue. --Spenser.
2. To come to by way of increase; to arise or spring as a growth or result; to be added as increase, profit, or damage, especially as the produce of money lent. ``Interest accrues to principal.'' --Abbott. The great and essential advantages accruing to society from the freedom of the press. --Junius.

Accrue \Ac*crue"\, n. [F. accr[^u], OF. acre["u], p. p. of accroitre, OF. acroistre to increase; L. ad + crescere to increase. Cf. Accretion, Crew. See Crescent.] Something that accrues; advantage accruing. [Obs.]

See more meaning on Accrue...

Accrual (accumulation) of something is, in finance, the adding together of interest or different investments over a period of time. It holds specific meanings in accounting, where it can refer to accounts on a balance sheet that represent liabilities and non-cash-based assets used in accrual-based accounting. These types of accounts include, among others, accounts payable, accounts receivable, goodwill, deferred tax liability and future interest expense.

For example, a company delivers a product to a customer who will pay for it 30 days later in the next fiscal year, which starts a week after the delivery. The company recognizes the proceeds as a revenue in its current income statement still for the fiscal year of the delivery, even though it will get paid in cash during the following accounting period. The proceeds are also a accrued income (asset) on the balance sheet for the delivery fiscal year, but not for the next fiscal year when cash is received.

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