Definition: Accrued means "to accrue to someone or something" in its technical sense, as in a debt being paid back on account of it having been incurred. In an accounting context, the term typically refers to a situation where expenses are added to a net income, such that the total amount is the sum of all these expenses and their related costs. This term is particularly useful when calculating a business's profit or loss, as it can help identify which expenses were capitalized (or incurred) in the first place. The definition of 'accrued' can also be seen as an acronym: 'Accrue+ed.' The word 'accrued' comes from the Latin root 'accra,' meaning to add to something or someone, and then it is often used as a verb meaning "to accrue." For example: 1. His salary was accrued over time. 2. This loan will be paid back through his income. 3. She's had her share of the expenses accruing since she started working. Note that this definition does not imply that expenses can accrue to someone without them being incurred, but rather indicates that an expense is added to a net income, thus showing up in the account for later use. In summary, 'accrued' refers to a situation where expenses are added to a net income. It's often used in accounting terms to describe the accumulation of costs or debts over time.

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