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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
The taxpayer may instead choose to report this income in accordance with the accrual method.
Therefore, delaying audits generally will not result in the additional accrual of interest.
Effective May 31, 2003, the plan has been frozen, and is therefore closed to further benefit accrual or new participants.
Missing July 1, 2002, accrual rows were created and existing accruals for the same date that were incorrect have been corrected.
The natural history of the disease is accrual of large cells and transformation to an aggressive lymphoma.
But it turned out that that was a 15-month year, because we realigned the accrual accounting.

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