Meaning of “interest accrual” in the English Dictionary

business-english dictionary

"interest accrual" in Business English

See all translations

interest accrualnoun [ U ]


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” from the Cambridge Business English Dictionary © Cambridge University Press)