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 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;

Examples of Accrual in a sentence

• Where any Interest Period comprises two or more Interest Accrual Periods, the amount of interest payable per Calculation Amount in respect of such Interest Period shall be the sum of the Interest Amounts payable in respect of each of those Interest Accrual Periods.

• Interest on this Certificate will accrue (computed as if each year consisted of 360 days and each month consisted of 30 days) during the Interest Accrual Period relating to such Distribution Date at the Pass-Through Rate on the Certificate Balance of this Certificate immediately prior to each Distribution Date.

• The Rate of Interest in respect of Floating Rate Notes for each Interest Accrual Period shall be determined in the manner specified hereon and the provisions below relating to either ISDA Determination or Screen Rate Determination shall apply, depending upon which is specified hereon.

• For Federal and State tax purposes (i) interest shall accrue at the Accrual Rate, and (ii) payments made pursuant to section 2 shall first be treated as interest, up to the amount of interest so accrued, then shall be treated as principal, until Purchaser has received, as principal, the entire Principal Amount, and then shall be treated as interest.

• Where any Interest Period comprises two or more Interest Accrual Periods, the amount of interest payable in respect of such Interest Period shall be the sum of the amounts of interest payable in respect of each of those Interest Accrual Periods.

More Definitions of Accrual

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 means an amount owed but not yet invoiced.

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. 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. A. Combined Leave credits are earned according to the following: B. Combined Leave shall not be accumulated beyond seven hundred (700) hours for fifty-six (56) hour employees and five hundred eleven (511) hours for forty (40) hour employees. Any Combined Leave earned beyond the applicable maximum accrual shall be paid in cash at the current hourly rate.

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

Accrual means to come into existence as a legally enforceable claim.