accrual

As representatives of poorer, more vulnerable countries have made clear, historical emissions of richer countries have largely fueled their accrual of wealth, while putting other parts of the world at risk to the effects of those emissions.

While a payment plan is in effect, late-payment penalty accruals are cut in half.

The loyalty program offers perks like a free birthday gift, points accrual for future discounts and early access to product launches among other features.

This may have been “a cautious approach…to preserve funds for an uncertain future or plain lack of awareness about the accrual of interest cost on availing loan moratorium facility,” the survey observed.