unaccrued (C1)
adjective
Pronunciation: /ʌnəˈkruːd/
Definition
Expenses that have been incurred but not yet paid or recorded, often affecting a company's financial statements and tax obligations.
Examples
The company's unaccrued expenses included unpaid salaries and rent for the previous quarter.
The accountant had to adjust the financial statements to account for the unaccrued expenses, which had a significant impact on the company's profitability.
How to Use unaccrued
- unaccrued expenses (noun phrase)
- expenses that have been incurred but not yet paid or recorded — "The company had a significant amount of unaccrued expenses at the end of the financial year."
- unaccrued benefits (noun phrase)
- benefits that have been earned but not yet paid or received — "The employee was entitled to unaccrued benefits, including a pension and health insurance, after leaving the company."
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