accrued

[uh-krood]

accrued Definition

• 1. to accumulate or grow larger in amount over time
• 2. to be added as a regular benefit or interest to an account or investment

Using accrued: Examples

Take a moment to familiarize yourself with how "accrued" can be used in various situations through the following examples!

• Example

  Interest will accrue on your savings account.

• Example

  Overtime pay will accrue for the extra hours worked.

• Example

  Vacation time accrues at a rate of one day per month.

• Example

  The company's debt has accrued over several years.

accrued Synonyms and Antonyms

Synonyms for accrued

• accumulate
• amass
• gather
• collect
• build up

Antonyms for accrued

• decrease
• diminish
• reduce

Phrases with accrued

• accrued expenses

  expenses that have been incurred but not yet paid

  Example

  The company's accrued expenses were higher than expected this quarter.

• accrued interest

  interest that has been earned but not yet paid

  Example

  The bond pays accrued interest every six months.

• accrued vacation time

  paid time off that an employee has earned but not yet taken

  Example

  She has two weeks of accrued vacation time saved up.

Origins of accrued

from Old French 'acreu', meaning 'to grow'

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Summary: accrued in Brief

'Accrued' [uh-krood] refers to the accumulation or growth of something over time, such as interest on an account or expenses that have been incurred but not yet paid. It can also mean to be added as a regular benefit or interest. Examples include 'Interest will accrue on your savings account,' and 'The company's debt has accrued over several years.' Phrases like 'accrued expenses' and 'accrued vacation time' denote specific types of accruals.