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accrued expense
noun [C] (also accrued charge, also accrued cost, also accrued liability, also accrual) ACCOUNTINGDefinition
› 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.
(Definition of accrued expense noun from the Cambridge Business English Dictionary
© Cambridge University Press)
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