Accrual definition

Accrual means to come into exist- ence as a legally enforceable claim.

Accrual means any dollar amount credited to an Account, including Special Accruals, Quarterly Accruals, Retainer Deferral Accruals, Dividend Equivalents and Interest Equivalents.

Accrual. Annual Combined Leave periods are earned according to consecutive biweeks of full-time service, commencing with the employee's initial hire date, or with the first date of hire of his latest period of District or County employment.

Examples of Accrual in a sentence

• Accrual of Dividends- Dividends will begin to accrue on deposits on the business day that you make the deposit to your account.

• The initial Class Coupons apply only to the first Accrual Period.

• Pursuant to the terms of the Global Agency Agreement, the Global Agent shall calculate the Class Coupons for the applicable Classes of Notes (including MAC Notes on which the Exchange Administrator has directed the Global Agent to make payments) for each Accrual Period (after the first Accrual Period) on the applicable LIBOR Adjustment Date.

• Accrual is based upon straight time hours of working time per calendar month of service and begins on the date of appointment to a permanent position.

• Range Accrual Debt Securities are Variable Rate Debt Securities on which no interest may accrue during periods when the applicable Index is outside a specified range as described in the related Supplemental Agreement.

More Definitions of Accrual

Accrual means recognition of revenues and expenses as they are earned or incurred (and not as money is received or paid) and includes recognition of transactions relating to assets and liabilities as they occur irrespective of the actual receipts or payments;

Accrual means - the aggregation of study time granted for private purposes, by foregoing taking time off each week.

Accrual means a financial book transaction rather than a financial cash transaction. The economic event is measured regardless of when cash transactions occur

Accrual. Employees earn PTO leave for their first month of employment if they are placed on the payroll on or before the fifteenth (15th) of the month and work continuously through the rest of that month.

Accrual means an amount owed but not yet invoiced.

Accrual means Receivables accrued on the books of the Originator in accordance with GAAP and, to the extent consistent with GAAP, in a manner consistent with the practices of the Originator as in effect on the Initial Closing Date.

Accrual means amounts due for goods and services received but not yet disbursed.