The term accrue refers to the process by which a claim or right comes into existence and becomes legally enforceable. It can also mean to gain, add to, or increase over time as a result of growth or accumulation. In legal contexts, it often relates to obligations, such as taxes or support payments, that accumulate interest or penalties when unpaid.
In legal practice, the term "accrue" is commonly used in various areas, including:
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Here are a couple of examples of abatement:
Example 1: Under the Illinois Cigarette Tax Act, if a taxpayer fails to pay their tax, the Department can only initiate recovery actions within two years after the cause of action accrues.
Example 2: According to the Illinois Parentage Act, any unpaid child support that remains due at the end of each month will accrue simple interest, ensuring that the amount owed increases over time until paid.
Key statutes related to the term "accrue" include:
| Term | Definition | Difference |
|---|---|---|
| Accrual | The process of a claim or right coming into existence. | Focuses on the emergence of legal rights and obligations. |
| Liability | A legal obligation to pay a debt or fulfill a duty. | Refers to existing obligations rather than the process of their emergence. |
| Interest | The cost of borrowing money or the return on investment. | Specifically relates to financial charges rather than the legal process. |
If you find yourself in a situation where a claim has accrued against you or you have unpaid obligations:
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