accrual

/əˈkruːəl/

Definitions

1. noun

the act or process of accumulating or adding to a sum, amount, or total, especially in a gradual or continuous manner.

“The company’s profits are a result of years of steady accrual of sales and investments.”

2. noun

a sum or amount accumulated or added to a total, especially in a gradual or continuous manner.

“The company’s accrual of expenses for the quarter is higher than expected.”

3. noun

an amount or value added to the cost of a good or service, such as sales tax or a surcharge.

“The retailer added a 10% accrual for the holiday season to all purchases.”

4. verb

to accumulate or add to a sum, amount, or total, especially in a gradual or continuous manner.

“The company has been accruing profits steadily over the past year.”

Synonyms

  • accumulation
  • addition
  • increment

Antonyms

  • depletion
  • diminution