Accrued Weeks: Any unused weeks from the previous year that have been banked and are available for use this year. This will not be the same with all time shares so you should check your contract for furthere details.

 

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Accrued Weeks: Any unused weeks from the previous year that have been banked and are available for use this year. This will not be the same with all time shares so you should check your contract for furthe . . . View Full Definition

Accrued Market Discount: The rise in the market value of a discount bond as it approaches maturity (when it is redeemable at par) and not because of falling market interest rates.

Bonus Weeks: Often promoted by a timeshare developer, timeshare resort, or exchange company, these are usually low-demand weeks offered as an incentive to buyers.

Accrued Liabilities: Liabilities that arise through adjusting entries when accounting for unrecorded liabilities.

Accrued Items: In a closing statement, items of expense that are incurred but not yet payable, such as interest on a mortgage loan or taxes on real property.

Accrued Depreciation: 1. In accounting, a bookkeeping account that shows the total amount of depreciation taken on an asset since it was acquired, also called accumulated depreciation. 2. For appraisal purposes, . . . View Full Definition

Accrued Expenses: Expenses that the business has incurred for which it has not received, or will not receive, an invoice, and that have not yet been paid.

Accrued Interest: Accrued interest is the interest that accumulates on a fixed-income security between one interest payment and the next. The amount is calculated by multiplying the coupon rate, also called t . . . View Full Definition

Accrued Benefits: The pension benefits earned by an employee accourding to the years of the employee's service.