La palabra del día: Devengación

Feminine noun. This term is used almost exclusively in a legal context and it refers to the acquisition of the right to some perception or remuneration for reasons of work, service or other title. The verb is devengar. E.g.: CGR determinó que no procede devengar obligación de pagar bienes y servicios que no se han recibido conforme: The National Audit Office determined that it is not appropriate to accrue an obligation to pay for goods and services that have not been received in accordance.
We also use these terms with the expressions devengar intereses and devengación de intereses: to accrue interest, interest accrual. The adjective is devengado/a/s: intereses devengados: accrued interests. dc