nonaccrual
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Example Sentences
Example:The company’s accrual policy ensures that revenue and expenses are recorded in the periods in which they are earned or incurred.
Definition:The process of recording an asset, liability, revenue, or expense incrementally over time.
From accrual
Example:The accrued interest on the bond will accumulate until it is paid on the maturity date.
Definition:Something that has been earned, added, or accumulated or reckoned as due but not yet paid or taken.
From accrued
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