Accrue definition

Accrue means the moment that a Club becomes liable to make a payment (or provide the benefit), irrespective of whether the payment is actually to be made or the benefit is actually to be provided immediately or at some point in the future.
Accrue means the rate at which the benefits under this Plan are credited to a Participant. Benefits which Accrue under this Plan do not Vest in the employee except as provided in Section 3.3 and Articles VII and VIII hereof.
Accrue means to accumulate in regular or increasing

Examples of Accrue in a sentence

  • Accrue vacation leave at the same rate at which it was accrued at the time of the layoff.

  • Accrue 0.4 of an hour per day as an entitlement to take the 20th day in each cycle as an Accrued Day Off in conjunction with other days off.

  • Accrue two hours of each week's work as an entitlement to a maximum of twelve accrued days off in each twelve month period.

  • Accrue interest at no more than the rate of one percent per month.

  • Subparts 1 and 2 are measured using the following objectives and measures.1. Maintain and Improve Educational Achievement.2. Accrue school credits that meet state requirements for grade promotion and secondary school graduation.


More Definitions of Accrue

Accrue means accrue. It's the time that the
Accrue has the meaning ascribed to it in the forepart of this Agreement.
Accrue means to become entitled to pension rights in respect of employment while a member of a relevant scheme, including increases in accrued pension rights under that relevant scheme arising pursuant to increases in remuneration;
Accrue means to accumulate in regular or increasing amounts over time subject to customary allocation of cost.
Accrue means to become entitled to pension rights in respect of employment while a member of a relevant scheme and cognate expressions shall be construed accordingly;
Accrue means to add the unpaid portion of the current obligation to any previously accumulated arrears.
Accrue means to increase, to augment, to be added as an increase, to arise or spring as a natural growth or result. The words "accrue" and "arise" have not been defined in the Act but they appear to be synonymous and have been used for bringing in a natural result. Strictly speaking, the word "accrue" may not be synonymous with "arise" ; the former would be connoting the idea of growth or accumulation and the latter, of the growth or accumulation with a tangible shape so as to be receivable. It is clear that income may accrue to an assessee without the actual receipt of the same. If the assessee acquires the right to receive the income, the income can be said to have accrued to him though it may be received later, on its being ascertained. The basic conception is that he must have acquired a right to receive the income. When an Income-tax Officer includes a particular income in the assessment, two questions would arise, namely, what was the system of accountancy adopted by the assessee and when has the right to receive the amount accrued. If it is found that the mercantile system of accountancy is followed by the assessee, then the question would arise as to when the right accrued or arose in a particular accounting year. Income which accrues to an assessee is taxable in his hands. However, income which he could have but has not earned cannot be made taxable as income accrued to him.