accrued liability

noun

: the portion of an accruing liability that has become definitely ascertainable and chargeable though actual payment thereof is not yet due

Word History

First Known Use

1854, in the meaning defined above

Time Traveler
The first known use of accrued liability was in 1854

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Dictionary Entries Near accrued liability

accrued interest

accrued liability

acct

See More Nearby Entries 

Cite this Entry

“Accrued liability.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/accrued%20liability. Accessed 23 Nov. 2024.

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