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Keywords:
Djustable,
Accumulated,
Depreciation,
Increment,
Adjective
interest you have earned or incurred that is yet to be paid or charged.
periodically accumulated over time; "accrued interest"; "accrued leave"
On a closing statement, items of expense that are incurred but not yet payable, such as interest on a mortgage loan or taxes on real property.
To come to one as a gain, addition, or increment. djustable-rate mortgage (ARM): A mortgage that permits the lender to adjust the mortgage's interest rate periodically on the basis of changes in a specified index. Interest rates may move up or down, as market conditions change. This interest rate is generally less than a fixed rate mortgage, but can become higher in the future.
An accumulation over a certain period of time, such as accrued depreciation or accrued interest.
That which has accumulated over a period of time such as accrued depreciation, accrued interest or accrued expenses.
An adjective describing something that has come into existence but has not yet been claimed by or distributed to its rightful owner.
An accumulation up to a certain point in time. An example would be accrued interest or depreciation.
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