the percentage rate at which interest accrues on a mortgage, loan, etc
Examples of 'accrual rate' in a sentence
accrual rate
The typical private-sector finalsalary scheme has a less generous one-sixtieth accrual rate.
Times, Sunday Times (2007)
Contributions are set at 10% and the current accrual rate - the proportion of salary received for each year of service - is 1/40th.
Times, Sunday Times (2010)
However, this is unlikely to break the deadlock, with unions claiming that these proposals represent almost no movement, with particular disappointment over the accrual rate.
Times, Sunday Times (2011)
However, while their scheme has a very high accrual rate, it only accounts for a tiny proportion of the overall publicsector pension liabilities.
Times, Sunday Times (2008)
The ten-year protection and increased accrual rate is a serious offer, but is it enough to satisfy the unions?
Times, Sunday Times (2011)
Some employees are on even more generous accrual rates of 1/30th.
Times, Sunday Times (2010)
Accrual rates are not normally the stuff on which barricades are built and mounted.
Times, Sunday Times (2011)
The pension accrual rates will be reduced.
Times, Sunday Times (2006)
In the civil service schemes, the unions have won a rate of 1/44th, widely regarded as a generous accruals rate.