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accrual
Accrual is the act of accumulating something, or a thing that gathers together. (noun)
- An example of accrual is the act of saving money.
- Ants gathering around a pile of sugar is an example of an accrual.
Accrual is a way of showing income and expenses based on when the money is due/received, not when it is paid/given. (adjective)
An example of accrual is when at year end a company reports the income actually in their account, not what is expected to be in their account when all monies are paid.
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See accrual in Webster's New World College Dictionary
See accrual in American Heritage Dictionary 4
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