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.”