noun
a liability that has been incurred but not yet paid
adjective
accrued (accumulated or added over time) is describing the type of liability
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The company's accrued liability for employee benefits increased significantly this quarter.
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The amount the company owes for employee benefits went up a lot this quarter.
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The company's tab for employee benefits really piled up this quarter.
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The weight of the company's accrued liability is starting to feel heavy on their balance sheet.