Meaning COOK THE BOOKS: To deliberately falsify the financial statements of a company. This is an illegal practice
More terms such as Cook the books in Dictionary C.
- Definition Customers' Net Debit Balance:
- Examples The total amount of credit given by NYSE member firms to finance customers purchasing securities cook the books definition.
- Definition Capitalized:
- Examples Recorded in asset accounts and then depreciated or amortized, as is appropriate for expenditures for items with useful lives longer than one year cook the books explain.
- Definition Capitalized Interest:
- Examples Interest that is not immediately expensed, but rather is considered as an asset and is then amortized through the income statement over time cook the books what is.
- Definition Capital Gains Distribution:
- Examples A distribution to the shareholders of a mutual fund out of profits from selling stocks or bonds, that is subject to capital gains taxes for the shareholders cook the books meaning.
- Definition Corporate Taxable Equivalent:
- Examples Rate of return required on a par bond to produce the same after-tax yield to maturity that the quoted premium or discount bond would generate cook the books abbreviation.
