Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

  

English definition of “interest accrual”

interest accrual

noun [U] FINANCE
interest that is owed on borrowed money or earned on an investment in a particular period: Failure to pay the first installment on time results in an interest accrual of 1% a month.
(Definition of interest accrual noun from the Cambridge Business English Dictionary © Cambridge University Press)

Word of the Day

crew

If you crew a boat, or crew for someone on their boat, you help to sail it.

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More