accrued income


Income that has been earned by a company or an investment fund by providing a product or service, but has not yet been received. Income from mutual funds and other shared assets that is paid out periodically also counts as accrued income, since the income is earned by the shareholders at the time of accumulation.

Use accrued income in a sentence

I wondered how much accrued income we would be making and everything seemed fine and we had a good balance.

​ Was this Helpful? YES  NO 8 people found this helpful.

You should always know what your accrued income will be so that you can budget all of your expenses correctly.

​ Was this Helpful? YES  NO 2 people found this helpful.

Companies that have been in existence for a long time will have a high balance in accrued income but that number does not tell the entire story.

​ Was this Helpful? YES  NO 10 people found this helpful.

Show more usage examples...

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
accrued expense accrued interest