Accrual definition

Accrual means any dollar amount credited to an Account, including Special Accruals, Quarterly Accruals, Retainer Deferral Accruals, Dividend Equivalents and Interest Equivalents.

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Accrual means - the aggregation of study time granted for private purposes, by foregoing taking time off each week.

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

• 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.

• 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.

• In the event that the National Cost of Funds Index for neither the third nor fourth calendar months preceding an Interest Accrual Period has been published on or before the related Outside Reference Date, then for such Interest Accrual Period and for each succeeding Interest Accrual Period, the Index shall be LIBOR, determined in the manner set forth below.

• The Pass-Through Rate for each Class of COFI Certificates for each Interest Accrual Period after the initial Interest Accrual Period shall be determined by the Trustee as provided below on the basis of the Index and the applicable formulae appearing in footnotes corresponding to the COFI Certificates in the table relating to the Certificates in the Preliminary Statement.

• The Record Date for each Distribution Date is the last Business Day of the applicable Interest Accrual Period for the related Distribution Date; provided, however, that for any Definitive Certificates, the Record Date shall be the last Business Day of the month immediately preceding the month of such Distribution Date (or if such day is not a Business Day, on the immediately preceding Business Day).

More Definitions of Accrual

Accrual means an amount owed but not yet invoiced.

Accrual means a financial book transaction rather than a financial cash transaction. The economic event is measured regardless of when cash transactions occur

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 Receivables accrued on the books of the Originator in accordance with GAAP and, to the extent consistent with GAAP, in a manner consistent with the practices of the Originator as in effect on the Initial Closing Date.

Accrual. Each term’s fees accrue separately and the fees payable in respect of each term will be included in an invoice sent to the persons who signed the Acceptance Form or such other person(s) who from time to time are contractually liable to the College in respect of the fees.

Accrual. Employees earn a PTO leave on a prorated basis on their date of hire following the chart in 14.3 Terminating employees earn PTO leave on a prorated basis based on their date of termination. PTO leave may be accumulated to a maximum of the equivalent of forty (40) working days (320 hours), after which time, if not taken, shall lapse pay period by pay period. Employees whose leave is covered under FMLA or Workers Compensation will continue to accrue paid leave banks and neither their accrual dates nor accruals will be adjusted. Employees not on a leave covered by FMLA or Workers Compensation will not accrue paid leave banks and their accrual dates will be adjusted if the employee is in a leave without pay status and the leave without pay status exceeds fifty percent (50%) of their regularly scheduled hours for the pay period.