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.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

ac•cru•al

(əˈkru əl)

n.
1. the act or process of accruing.
2. something accrued.
[1875–80]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
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"
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
Translations

accrual

[əˈkrʊəl] N (frm) → acumulación f
Collins Spanish Dictionary - Complete and Unabridged 8th Edition 2005 © William Collins Sons & Co. Ltd. 1971, 1988 © HarperCollins Publishers 1992, 1993, 1996, 1997, 2000, 2003, 2005

accrual

[əˈkruːəl] n (= accumulation) → accumulation f accrual rateaccrual rate ntaux m cumulé
Collins English/French Electronic Resource. © HarperCollins Publishers 2005

accrual

n
(= accumulation)Ansammlung f; (Fin: of interest) → Auflaufen nt; (= addition)Hinzukommen nt
accruals pl (Fin: = liabilities) → Verbindlichkeiten pl
Collins German Dictionary – Complete and Unabridged 7th Edition 2005. © William Collins Sons & Co. Ltd. 1980 © HarperCollins Publishers 1991, 1997, 1999, 2004, 2005, 2007
References in periodicals archive ?
ERISA Section 105(1)(B)(i) requires the administrator of a defined benefit plan, other than a one-participant plan, to furnish a pension benefit statement every three years to each employee participant who has a nonforfeitable accrued benefit. Using the latest available information, the statement should indicate the total benefits accrued--plus the nonforfeitable pension benefits, if any, that have accrued--or the earliest date on which benefits will become nonforfeitable.
Votes were cast 2 to 1 in favor of approving a plan that calls for accrued benefit reduction plus elimination of early retirement subsidies and extra benefit credits.
The Treasury regulations provide that the present value of any accrued benefit paid to a participant as a lump sum may not be less than the amount calculated using a specified applicable interest rate and mortality tables.
The proposed regulations offered three approaches to bifurcating the accrued benefit so that the minimum present value requirements apply only to a portion of the accrued benefit.
402(b)(4), which provides that they are taxed each year on the employee's vested accrued benefit as of the close of the trust's tax year, less the employee's investment in the contract.
The "minimum benefit" was the accrued benefit under the old plan at the end of the transition period.
The normal cost plus the unfunded accrued benefit obligation to be amortized in the current period equals the annual required contribution of the employer for the period.
A plan may not require, as a condition of participation in the plan, that an employee complete a period of service extending beyond the later of (a) age 21, or (b) the completion of one year of service or the completion of two years of service if the plan provides that after not more than two years of service each participant has a nonforfeitable right to 100% of his accrued benefit. In the case of a plan maintained exclusively for employees of a tax-exempt (under IRC Section 501(a)) educational institution, the minimum age limitation can be 26 instead of 21, but only if the plan provides that each participant having at least one year of service has a nonforfeitable right to 100% of his accrued benefit.
ERISA Section 203(a)(1) states that an employee's accrued benefit derived from his own contributions must, at all times, be nonforfeitable.
Active management employees who participate in the company's defined benefit pension plan will retain their accrued pension benefit, as earned through 31 December 2009, and are eligible to receive their vested accrued benefit when they leave Qwest.
The plan must provide an accrued benefit of at least 1 percent of the employee's final average compensation times years of service up to a minimum of 20 percent.