creative accounting

noun

creative accounting

noun
1

Business Euphemistic, Humorous, Sometimes Financial accounting practices which are usually not explicitly illegal, but which are unorthodox, imaginative, usually misleading, and of questionable ethics.

  • Italy’s public deficit is within the EU limit of 3 per cent of GDP, but only with the help of some creative accounting by the Government’s number-crunchers.2002 December 23, R. Boyes, R. Owen, A. Sage, “Europe's economies face a winter of discontent”, in The Times, London:
Related terms
cook the books

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.