Accrued Liability Definition

Below please find a definition of “Accrued Liability”

Financial Analysis Training & Glossary TermsAccrued Liability: Accrued liability is synonymous with the concept and term accrued expenses. These are expenses that a business incurs but they are not paid yet. A very common example of such an expense is a pension account where the employees will be paid only after they retire in the future.

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