accrue
accrue definition - legal
v
- To come into existence or mature as an enforceable claim or right. For example, a cause of action may be sued upon once it is an enforceable claim. Likewise, the interest on a sum owed accrues on the date the interest becomes due.
- To accumulate.
Webster's New World Law Dictionary Copyright © 2006 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc.
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