accrual

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Related to Accrued benefit: Accrued Benefit Cost Method

ac·cru·al

 (ə-kro͞o′əl)
n.
1. The act or process of accumulating; an increase.
2. Something that accumulates or increases.

accrual

(əˈkruːəl)
n
1. the act of accruing
2. something that has accrued
3. (Accounting & Book-keeping) accounting a charge incurred in one accounting period that has not been paid by the end of it

ac•cru•al

(əˈkru əl)

n.
1. the act or process of accruing.
2. something accrued.
[1875–80]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.accrual - the act of accumulatingaccrual - the act of accumulating    
step-up, increase - the act of increasing something; "he gave me an increase in salary"
buildup - the act of building up an accumulation; "I envied his rapid buildup of assets"; "a military buildup in preparation for the invasion"
Translations

accrual

[əˈkrʊəl] N (frm) → acumulación f

accrual

[əˈkruːəl] n (= accumulation) → accumulation f accrual rateaccrual rate ntaux m cumulé

accrual

n
(= accumulation)Ansammlung f; (Fin: of interest) → Auflaufen nt; (= addition)Hinzukommen nt
accruals pl (Fin: = liabilities) → Verbindlichkeiten pl
References in periodicals archive ?
411 (b) (1) (G), a defined-benefit plan is not qualified if it reduces a participant's accrued benefit on account of any increase in his or her age or service.
Details accompanying the Cox deal also show Mr Hook has agreed to swap his pounds 874,000 accrued benefit - which he can get at next year - for an equivalent value of AS shares to "avoid significant cash outflows from the business".
The actuarial determination of the accrued benefit obligations for pensions and other retirement benefits uses the projected benefit method prorated on service (which incorporates management's best estimate of future salary levels, other cost escalation, retirement ages of employees and other actuarial factors).
411(a)11)(D), in determining whether an employee's accrued benefit exceeds $5,000 (and, thus, may not be immediately distributed without the employee's consent), a plan may provide that rollover contributions (and attributable earnings) are disregarded.
5, 1997, increased a plan participant's involuntary cash-out from $3,500 to $5,000, as long as the present value of the participant's nonforfeitable accrued benefit is not above the limit.
In addition to the adverse trends in asset returns and interest rates, the funded status of many big-carrier plans has been further undermined by lucrative labor contracts (signed before the industry downturn) that drove accrued benefit levels higher.
The term "balance to the credit of an employee" means either the vested (nonforfeitable) account balance that will be distributed from a defined contribution plan or the vested (nonforfeitable) accrued benefit that will be distributed from a defined benefit plan.
if he terminates employment immediately, he will receive his accrued benefit nevertheless, commencing at age 65).
However, the law does not stipulate that the opening account balance must equal the present accrued benefit under the old plan.
For defined benefit plans, this specified minimum benefit results from calculating the accrued benefit of a single life annuity at an accrual rate of .
This constant change makes the concept of an accrued benefit difficult to apply to health plans.