verb to accumulate or increase over time, typically through interest or investment
In real estate, rental income can accrue over the course of a lease agreement.
In legal contexts, interest or damages may accrue as a result of a lawsuit or legal dispute.
In finance, interest can accrue on a loan over time, increasing the total amount owed.
Accrue can also be used in a general business context to describe the gradual accumulation of benefits or liabilities.
Accrue refers to the accumulation of expenses or revenues over a period of time, which are then recorded in financial statements.
In a professional context, 'accrue' may be used by writers when discussing the gradual accumulation of ideas or experiences over time.
Psychologists may use 'accrue' when referring to the buildup of stress or emotional issues in a client.
Financial analysts may use 'accrue' when discussing the gradual increase in interest or earnings on an investment.
Project managers may use 'accrue' when referring to the accumulation of tasks or responsibilities throughout a project.
Accountants may use 'accrue' when discussing the gradual accumulation of expenses or revenues over a period of time.