Accrue Meaning: Definition, Examples, and Translations
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accrue
[əˈkruː ]
Definitions
financial growth
To accrue means to receive or accumulate something over time, often referring to financial benefits such as interest or profits. This term is commonly used in the context of accounting and finance.
Synonyms
accumulate, amass, collect, gather.
Examples of usage
- Interest will accrue on the savings account.
- The benefits will accrue after a year of service.
- You may accrue points in the rewards program.
- The money accrued from investments can significantly increase over time.
debt accumulation
To accrue can also refer to the gradual increase of obligations, such as debts or liabilities, over a period. It implies a build-up of these obligations, which can have significant consequences.
Synonyms
increase, mount up, pile up.
Examples of usage
- Debts may accrue if payments are missed.
- The charges will accrue until the total is paid off.
- Late fees can accrue quickly on overdue accounts.
- Interest charges can accrue on unpaid bills.
Translations
To see the translation, please select a language from the options available.
Origin of 'accrue'
The word 'accrue' comes from the Latin word 'accruere,' which means 'to grow or increase'. It is a combination of 'ad-' (to) and 'cruere' (to grow). This term has been used in English since the late 15th century, particularly in legal and financial contexts. Initially used to signify the increase of capital or resources, it has since evolved to encompass a broader range of applications, including accounting practices where revenue, expenses, or interests accumulate. Its use has grown alongside the development of financial systems and economic theories, making it an essential term in both everyday finance and complex investment strategies.