incurred vs. accrued

incurred

(of a usually undesirable consequence) experienced or brought upon oneself.
The report did not reveal the exact number of disaster-affected families or the value of their incurred losses.

added as a matter of periodic gain or advantage, as interest on money.
Each year, grants from the accrued interest on the trust fund are awarded to agencies and programs serving the Navajo Nation.
happening or coming as or through a natural growth or addition; accumulated.
The handmade ornaments speak of generations of accrued skill and a high degree of workmanship.
Law., noting a right or demand that has become present and enforceable.
Termination will not affect the accrued rights of either party under this Agreement.