Meaning accrued liability
What does accrued liability mean? Here you find 5 meanings of the word accrued liability. You can also add a definition of accrued liability yourself
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accrued liabilityThe amount a company owes for expenses or losses incurred that have not yet been paid nor recorded through a routine transaction. To learn more, see Explanation of Adjusting Entries.
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accrued liabilityThe value of a pension plan's promised benefits calculated by an actuary (actuarial valuation), taking into account a set of investment and benefit assumptions to a certain date.
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accrued liabilityTerm used in accounting to denote expenses incurred by a business that have not yet been paid. Such liabilities are recorded as short or long-term liabilities in the balance sheet.
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accrued liabilityAccording to 29 USCS ยง 1002 (Title 29; Chapter 18; Employee Retirement Income Security Program; Protection of Employee Benefit Rights; General Provisions), the term "accrued liability" means [..]
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accrued liabilityThe amount of money needed to offset accumulated benefits under a retirement plan. Accrued liability equals the difference between the present value of the future benefits and the present value of fut [..]
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| << accrued expense | assigned accounts receivable >> |
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