Definition

Accrued benefits

Accrued benefits are the pension benefits earned by an employee accourding to the years of the employee's service.

Share it:  Cite

More from this Section

  • Special damages
    Special damages are an award for damages that can be determined and documented, such as ...
  • EBIT-EPS Model
    EBIT refers to a company's earnings before interest and taxes. EPS stands ...
  • Technology & Operating Risk
    The technological risk is the risk that a financial institution incurs if the technological ...
  • Recourse
    Recourse is the right of a holder of a Bill of Exchange to demand payment from a person ...
  • Inter corporate deposits
    Inter Corporate Deposits is to deposit another company not more than one month on 12% ...