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TeachMeFinance.com - explain accrue Accrue -- The process in which interest accumulates on a borrower's loan. another definition... accrue -- to increase or accumulate. Commonly used in reference to depreciation, expense, income, interest and other accounting factors. Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.