Latin. vb. To grow.
- vb. To increase; to augment. To come to by way of increase; to arise or spring as a growth or result; to be added as increase, profit, or damage, especially as the produce of money lent. Something that accrues; advantage accruing. Interest accrues on the principal in a loan transaction or in the bank when you have an interest bearing instrument. Accruing costs are those which become due and are created after judgment of an execution. To accrue means also to arise, to happen, to come to pass; as the statute of limitations does not commence running until the cause of action has accrued. To mature or grow into a recognized legal right or claim; to accumulate or increase over time such as the growth or interest in a retirement account.
'Accrue,' aside from its fiscal use, generally is used in the law to describe when a cause of action comes into being. Its chief use is to determine when the statute of limitations commences.