accrued expense


An expense that is incurred, but not yet paid for, during a given accounting period.

Use accrued expense in a sentence

I have an accrued expense while I was on my work trip in several countries during the past several months.

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We had an accrued expense to worry about and knew we would have to pay it off pretty soon, or we would be doomed.

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The accrued expense would not be due for some time but we needed to save our money because we did not know when we would receive our next payment.

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accrued dividend liability