ACCRUABLE Meaning and
Definition
-
Accruable is an adjective used to describe something that can accumulate or increase over time. The term is often associated with financial or accounting contexts, where it refers to sums of money or assets that can gradually grow through the passage of time or through regular contributions.
In finance, the concept of accrual refers to the recognition of income or expenses before they are actually received or paid. For example, in business accounting, revenue is often accrued when it is earned, even if the payment has not yet been received. Similarly, expenses may be accrued as they are incurred, regardless of when they are paid. These accrued amounts are considered to be accruals and are "accruable."
Accruable can also be used to describe the increase in a value or benefit over time. For instance, in investments, the interest earned on a savings account may be described as accruable, as it grows gradually over time. Similarly, in employee benefits, certain privileges or perks may be accruable based on seniority or years of service.
Overall, accruable signifies the potential for something to accumulate or increase over time, either in terms of money, assets, benefits, or other valuable elements.
Common Misspellings for ACCRUABLE
- zccruable
- sccruable
- wccruable
- qccruable
- axcruable
- avcruable
- afcruable
- adcruable
- acxruable
- acvruable
- acfruable
- acdruable
- acceuable
- accduable
- accfuable
- acctuable
- acc5uable
- acc4uable
- accryable
- accrhable
Etymology of ACCRUABLE
The word "accruable" is derived from the verb "accrue". "Accrue" comes from the Old French word "acreu", which means "increase" or "grow". This Old French term is further derived from the Latin word "ad-" meaning "to" or "towards", and "crescere" meaning "to grow" or "increase". Therefore, the etymology of "accruable" relates to the concept of something that can accumulate or grow over time.
Infographic
Add the infographic to your website:
