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Accrue in the United Kingdom

Accrue

To arise or spring as a natural growth or result. Accrued interest is the interest due for the period which, at a given moment, has elapsed since the last payment of interest, as for the time being it increases the principal debt.

The word is not always free from ambiguity; if, for instance, property accruing after a certain date is spoken of, it is not quite clear whether property in which a future interest was acquired before the period named, but which only came into possession afterwards, is included.[1]

Resources

Notes

  1. Robert Harry Inglis, Sir, Dictionary of Political Economy, Vol. 1, 1915

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Further Reading

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(2017, 02). Accrue lawi.org.uk Retrieved 07, 2021, from https://lawi.org.uk/accrue/

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International, 'Accrue' (lawi.org.uk 2017) <https://lawi.org.uk/accrue/> accesed 2021 July 28

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  • Article Name: Accrue
  • Author: International
  • Description: Accrue in the United KingdomTable of Contents1 Accrue in the United Kingdom1.1 Accrue1.2 Resources1.2.1 Notes1.2.2 See [...]

This entry was last updated: September 5, 2017

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