GAAP
noun [plural] /ɡɑːp/Definition
› abbreviation for Generally Accepted Accounting Principles: the rules that companies must follow when they give financial information: Under US GAAP accounting rules, the company's earnings fell to a $1.1 billion loss.Accounting
(Definition of GAAP noun from the Cambridge Advanced Learner's Dictionary & Thesaurus
© Cambridge University Press)
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Synonyms and related words:
- accountancy noun
- accountant noun
- accounting noun
- accounts noun
- auditor noun
- balance verb
- bill noun (REQUEST FOR PAYMENT)
- bill verb (REQUEST PAYMENT)
- capital gains noun
- capital investment noun
- capital noun (MONEY)
- expenditure noun
- false accounting noun
- housekeeping (money) noun
- ledger noun
- liability noun (RESPONSIBILITY)
- line item noun
- loss noun
- petty cash noun
- set sth against sth phrasal verb (FINANCE)
Topic:
Accounting
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