/əˈkruəl/ – Noun
Definition: 1. sự phát sinh (quyền);
2. việc mở rộng (quyền);
3. đến, bắt đầu (thời hạn chi trả, thanh toán);
4. quyền được rút thu nhập;
5. sự tăng dần, sự tích lũy (lợi tức); sự tăng dần vốn (bằng tiền lời).
A more throughout explanation: In legal English, “accrual” generally refers to the process of growth or increase over time. In the context of finance or accounting, it often signifies the recognition of income or expenses when they are earned or incurred, rather than when cash is received or paid.
Example: The interest on the loan accrues daily until the principal amount is fully repaid.