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accrued expense

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noun
an expense incurred but not yet paid, as accrued interest on notes payable.
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QUIZ YOURSELF ON "WAS" VS. "WERE"!
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“Was” is used for the indicative past tense of “to be,” and “were” is only used for the subjunctive past tense.

Origin of accrued expense

First recorded in 1980–85
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2022

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