accrued

[uh-krood]

accrued Definition

  • 1to accumulate or grow larger in amount over time
  • 2to 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

Antonyms for accrued

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.

  • interest that has been earned but not yet paid

    Example

    The bond pays accrued interest every six months.

  • 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'

๐Ÿ“Œ

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.