Accrue Definition and Legal Meaning
On this page, you'll find the legal definition and meaning of Accrue, written in plain English, along with examples of how it is used.
What is Accrue?
v. to grow by addition to. It could be the interest that has accumulated on the principal amount. It also means to arise, to happen or to come to pass. eg. one’s right to sue on a contract may only accrue when the contract is breached or when the opposing party repudiates the contract. It may not accrue on the mere suspicion that the contract may be breached.