BusinessAugust 17, 2026

accruals

uh-KROO-ulz

Definition

The sums or amounts of revenue that have been collected or have accumulated over a specific period.

Etymology

Derived from the Latin 'accrescere', meaning 'to grow' or 'to increase.' It entered English to describe the natural process of something increasing in amount or value over time.

In the news

The article uses the term to describe the commission's duty to monitor all revenue coming into the Federation Account. It is central to the commission's role in ensuring fiscal transparency.

RMAFC’s reforms and “fair wage for fair work philosophy”

Read the full article ↗

Tribune Online

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