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What is an accrual?

What is an accrual? Here are some definitions.

Noun
  1. An increase; something that accumulates, especially an amount of money that periodically accumulates for a specific purpose
  2. (accounting) a charge incurred in one accounting period that has not been paid by the end of it.
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Examples
Investment bankers fear that with no possibility of IPOs scene perking up in near future, the fee accrual on this account will be minimal.
But it turned out that that was a 15-month year, because we realigned the accrual accounting.
If you conclude an antenuptial contract prior to your marriage, the accrual system will apply unless expressly excluded in the contract.
Therefore, delaying audits generally will not result in the additional accrual of interest.
Both provide frequency of accrual, which is critical to sustaining program interest.
The natural history of the disease is accrual of large cells and transformation to an aggressive lymphoma.

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