charges accrued

USAGE SUMMARY

The phrase "charges accrued" is correct and usable in written English.
It can be used in contexts related to finance or billing, indicating that fees or costs have accumulated over time. Example: "The total amount due includes all charges accrued over the past month."

✓ Grammatically correct

Science

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

13 human-written examples

Billing charges accrued for employment services averaged $10,349.37.

Archives of Physical Medicine and Rehabilitation

Before the code came into force, customers were responsible for all charges accrued before a theft was reported.

The Guardian - Money

Fair warning: deleting your Link will incur a fee based on all charges accrued while your accounts were in the Link together.

The New Yorker

To simply abandon it without informing the ferry firm was rather cavalier, and therefore the bank charges accrued are down to you.

The Guardian - Money

Neither price includes interest charges accrued during construction, which could be substantial if the job takes more than the five years or so that the builders predict or if interest rates rise, as they are expected to.

MIT Technology Review

Under federal regulation, except in the case of income-based repayment plans, lenders apply your payment first to any late charges accrued or collection costs owed on your loan, then to any outstanding interest accrued since your last payment and finally to your principal.

Forbes

Human-verified similar examples from authoritative sources

Similar Expressions

47 human-written examples

Until a trip is formally ended, charges accrue whether the vehicle is parked, idle or in traffic.

The Economist

Those charges accrue when one telephone company originates or terminates a call over the network of another company.

The New York Times

One is a failure to inform debtors that, should they fail to pay the claim, the balance due will increase as interest charges accrue.

Forbes

Further comparison of mean hospital charges across hospital type, revealed consistently higher hospital charges accruing to hospitalizations within children's hospitals compared with other types of hospitals (Table 5).

BMC Pediatrics

But in either case, if the additional charge accrues at a rate higher than the normal rent charge, the lessor must disclose the amount of or the method of determining the additional charge under § 1013.4 q).

Cornell University

Expert writing Tips

Best practice

When discussing financial statements or legal matters, use "charges accrued" to clearly indicate that the costs have accumulated over a period and are recognized, regardless of whether they have been paid.

Common error

Avoid using "charges accrued" interchangeably with "charges paid". "Charges accrued" refers to costs recognized in a period, while "charges paid" indicates actual disbursement. Ensure your language reflects the correct accounting concept to maintain clarity and accuracy.

Linguistic Context

The phrase "charges accrued" functions as a noun phrase modified by a past participle, indicating costs or expenses that have accumulated over a period of time. Ludwig confirms its usability, showing examples across various domains.

Expression frequency: Uncommon

Frequent in

Science

45%

News & Media

40%

Academia

15%

Less common in

Formal & Business

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

The phrase "charges accrued" is a grammatically correct and usable term in formal English, primarily employed in financial and legal contexts to describe costs or expenses that have accumulated over time. Ludwig confirms this with examples drawn from various sources like Science, News & Media and Academia. While not exceedingly common, its usage is consistent in scenarios requiring precision, particularly in financial reports or legal documents. When using this phrase, ensure it accurately represents costs that have accumulated but not necessarily been paid. Alternatives such as "accumulated charges" or "incurred costs" may be suitable depending on the specific context. Always be mindful of the proper accounting concepts, differentiating accrued charges from paid charges for clarity.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

accumulated charges

Changes the verb to a past participle acting as an adjective.

accumulating charges

Similar to "accumulated charges", but uses the verb in its continuous form.

incurred costs

Replaces "charges" with "costs" and "accrued" with "incurred", focusing on the act of becoming liable for expenses.

accumulated expenses

Similar to "accumulated charges", but uses "expenses" for a broader range of costs.

outstanding fees

Focuses on the fees that are yet to be paid.

accruing debts

Shifts the focus to debts that are increasing over time.

unpaid dues

Implies a membership or subscription context where payments are owed.

accrued liabilities

Emphasizes the legal obligation to pay the accumulated charges.

arising costs

Focuses on how costs emerge or come into existence.

accumulating interest

Specific to the accumulation of interest on a principal amount.

FAQs

How to use "charges accrued" in a sentence?

You can use "charges accrued" to describe accumulating costs over a period. For example: "The balance reflects the total "charges accrued" during the billing cycle."

What's the difference between "charges accrued" and "incurred charges"?

"Charges accrued" highlights that the costs have accumulated over a specific period, aligning with accrual accounting, while "incurred charges" simply means the costs have been sustained or acquired.

What are some alternatives to saying "charges accrued"?

You can use alternatives like "accumulated charges", "incurred costs", or "outstanding fees" depending on the specific context and meaning you want to convey.

When should I use "charges accrued" versus "charges paid"?

Use ""charges accrued"" when discussing costs recognized over time, regardless of payment status. Use "charges paid" when referring to costs that have actually been disbursed or settled.