accrued expense


accrued expense
accrued expense accrued expense expense

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accrued expense UK US noun [C] (also accrued charge, also accrued cost, also accrued liability, also accrual) ACCOUNTING
an amount of money that a business owes in a particular period which it records in its accounts but that it does not pay in that period: »

The company's accrued expenses for the environmental clean-up amounted to $118 million.


Financial and business terms. 2012.

Look at other dictionaries:

  • accrued expense — An unpaid expense incurred and *recognized in a *financial reporting period, and recorded as a liability at the end of that period. In line with the *accruals basis of accounting, accrued expenses are matched with the accounting periods to which… …   Auditor's dictionary

  • accrued expense — an expense incurred but not yet paid, as accrued interest on notes payable. [1980 85] * * * …   Universalium

  • Accrued Expense — An accounting expense recognized in the books before it is paid for. It is a liability, and is usually current. These expenses are typically periodic and documented on a company s balance sheet due to the high probability that they will be… …   Investment dictionary

  • accrued expense — an expense incurred but not yet paid, as accrued interest on notes payable. [1980 85] …   Useful english dictionary

  • accrued expense — Fin an expense that has been incurred within a given accounting period but not yet paid …   The ultimate business dictionary

  • accrued expense — See: accrual …   Accounting dictionary

  • expense — ex‧pense [ɪkˈspens] noun 1. [countable, uncountable] ACCOUNTING an amount of money that a business or organization has to spend on something: • Most advertisers look upon advertising as an expense and not an investment, which is a mistake. • The… …   Financial and business terms

  • accrued cost — ➔ cost1 * * * accrued cost UK US noun [C] ACCOUNTING ► ACCRUED EXPENSE(Cf. ↑accrued expense) …   Financial and business terms

  • accrued liability — UK US noun [C] (plural accrued liabilities) ACCOUNTING ► ACCRUED EXPENSE(Cf. ↑accrued expense) …   Financial and business terms

  • accrued charge — UK US noun [C] ACCOUNTING ► ACCRUED EXPENSE(Cf. ↑accrued expense) …   Financial and business terms


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