accrued debt

USAGE SUMMARY

The phrase "accrued debt" is correct and usable in written English.
It can be used in financial contexts to refer to debt that has accumulated over time, typically due to unpaid interest or expenses. Example: "The company's accrued debt has reached a critical level, prompting the need for immediate financial restructuring."

✓ Grammatically correct

News & Media

Academia

Human-verified examples from authoritative sources

Exact Expressions

15 human-written examples

We got financial aid, of course, and accrued debt on our student loans.

The New Yorker

president of Mount St. Mary's University in Maryland, on why his college, like many others, has accrued debt to pay for construction on campus.

The New York Times

When Jeanne receives a windfall, he writes, "The new spurt of money instantly whirled through the rusty drain-gate of accrued debt".

The Guardian - Books

Over eight months, Waleed accrued debt, his mental health deteriorated, and he was identified by professionals as being at risk of further exploitation.

The Guardian - Opinion

In addition to renewable energy generation subsidies, the tariff deficit is swelled by mismatched costs and revenues in power transportation and distribution and by accrued debt servicing costs, underwritten by the state, which have also spiked since 2007.

The New York Times

However, Mr. Marino's ventilator and necessary machinery have resulted in 10 years of accrued debt for electricity charges that had at one time totaled more than $4,500, a bill the couple are gradually paying down.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

45 human-written examples

Meanwhile, Anil's business struggled and accrued debts, including to Ericsson, a Swedish telecom giant.

The Washington Post

As the wording of the amendment evolved during the Congressional debate, the principle of the debt's inviolability became a general proposition, applicable not just to the Civil War debt but to all future accrued debts of the United States.

The New York Times

Other trusts have exhibited possible structural financial strains: a strategic health authority report back in 2007 highlighted accrued debts at two hospitals in south-east London, Princess Royal University Hospital and Queen Elizabeth Hospital.

The Guardian

By the close of 2008, government-backed companies responsible for Dubai's development had accrued debts of more than 80 billion dollars.

Forbes

-Why do nations accrue debt?

The New York Times

Expert writing Tips

Best practice

When discussing financial statements or reports, use "accrued debt" to specifically refer to the accumulated debt recognized over a period, distinct from other forms of liabilities or debts.

Common error

Avoid using "accrued debt" and "incurred debt" interchangeably. "Accrued" emphasizes the accumulation over time, while "incurred" simply means the debt was acquired.

Linguistic Context

The phrase "accrued debt" functions as a noun phrase, where "accrued" acts as an adjective modifying the noun "debt". According to Ludwig AI, this phrase is correct and usable in written English, primarily in financial contexts.

Expression frequency: Uncommon

Frequent in

News & Media

60%

Academia

20%

Science

10%

Less common in

Formal & Business

5%

Wiki

5%

Reference

0%

Ludwig's WRAP-UP

In summary, "accrued debt" is a grammatically correct and usable phrase that refers to the accumulation of debt over time. Ludwig AI confirms its validity, and its use is most prevalent in news and media, academic and science contexts. While the phrase is generally neutral to formal, it is crucial to distinguish it from similar terms such as "incurred debt". To ensure accurate and effective communication, writers should focus on using "accrued debt" in financial discussions where the accumulation aspect is particularly relevant. You can also consider alternatives such as "accumulated debt" to keep your writing fresh.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Accumulated debt

Replaces "accrued" with its direct synonym "accumulated", maintaining the same meaning.

Outstanding debt

Focuses on the debt that remains unpaid, highlighting its current state.

Debt build-up

Emphasizes the process of debt increasing over time.

Growing debt

Highlights the increasing nature of the debt.

Mounting debt

Suggests that the debt is increasing to a large amount or degree.

Rising debt

Similar to growing debt, but emphasizes the upward trend.

Accumulating liabilities

Uses a more formal term, "liabilities", to refer to the debt.

Debt accumulation

Changes the structure to a noun phrase, focusing on the process.

Unpaid obligations

Emphasizes the lack of payment on financial responsibilities.

Outstanding balance

Focuses on the remaining amount to be paid, specifically in a balance.

FAQs

How is "accrued debt" typically calculated?

"Accrued debt" is calculated by adding up all the unpaid expenses, including interest, that have accumulated over a specific period. It represents the total amount owed at a particular point in time.

What's the difference between "accrued debt" and "outstanding debt"?

"Accrued debt" refers specifically to debt that has accumulated over time, often through unpaid interest or expenses. "Outstanding debt" is a broader term that refers to any debt that remains unpaid, regardless of how it accumulated.

In what situations is it common to see "accrued debt"?

"Accrued debt" is commonly seen in financial statements, especially in the context of unpaid interest on loans, unpaid salaries, or other expenses that have been incurred but not yet paid.

What are some strategies for managing "accrued debt" effectively?

Strategies for managing "accrued debt" include negotiating payment plans with creditors, prioritizing debt repayment, and implementing stricter financial controls to prevent further accumulation. Regular monitoring of financial statements helps in early detection and management of "rising debt".