Accruals

Accruals

Estimates of a company’s costs that have been incurred but have not yet been paid. They appear on the profit and loss account and on the balance sheet.

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Part of Speech: noun
Synonym(s):
Blossary:
Industry/Domain: Financial services
Category: General Finance
Company: Reuters
Product:
Acronym-Abbreviation:

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Related terms

accrual

Outsourcing & offshoring; Business process outsourcing (BPO)

When there is a difference between what is allocated per pay cycle versus what is expensed, an accrual occurs. This term of accrual is somewhat misnamed and would be better ...

accrual

Accounting; Payroll

When there is a difference between what is allocated per pay cycle versus what is expensed, an accrual occurs. This term of accrual is somewhat misnamed and would be better ...

accrual

Energy; Natural gas

The recording on the books of account, in a given period, of expenses or charges incurred and/or of income earned for the period, to reflect the matching of income and expenses to ...

accruals

Financial services; General Finance

Estimates of a company’s costs that have been incurred but have not yet been paid. They appear on the profit and loss account and on the balance sheet.

accrual

Health care; General

The amount of money that is set aside to cover expenses. The accrual is the plan's best estimate of what those expenses are, and (for medical expenses) is based on a combination ...

accrual

Financial services; Finance

Accrual (accumulation) of something is, in finance, the adding together of interest or different investments over a period of time.

hardship assistance

Financial services; General Finance

A financial assistance given out in times of personal fincancial hardship, e.g. loss of job, insurance, or property.

government grants

Financial services; Accountancy; Finance; General Finance

Awards of financial assistance in the form of money by governments to an eligible grantee with no expectation that the funds will be paid back. This does not include technical ...

bankers' acceptances (BA)

Financial services; General Finance

Sometimes known as time drafts, these are bearer-form short-term non-interest-bearing notes sold at a discount, redeemed by accepting banks for full face value at maturity.

bed and breakfast deal

Financial services; General Finance

The sale of a share and its repurchase shortly after the beginning of a new tax year. This allows shareholders to register a capital loss or profit for tax purposes while ...

Bank for International Settlements (BIS)

Financial services; General Finance

An international organization that fosters international monetary and financial co-operation and serves as a bank for central banks and international financial organizations. It ...

Buoni Ordinari del Tesoro (BOT)

Financial services; General Finance

Italian Treasury bills with maturities of three, six and 12 months, issued at a discount.

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Industry/Domain: Weddings Category: Wedding florals

Garland

Elaborately woven rope or strand arrangement, typically used to adorn pews and doorways. A garland can also be paraded down the aisle by two or three ...