off the books Quantities of payments for which no formal record is kept. off-balance-sheet financing Any kind of financing from sources outside of debt and equity offerings (i.e....
Purchasing a group of cars, allocating the entire purchase price to only some of the units; then selling one or more units off the books. A review of the purchase documents may provide evidence of the number of cars purchased.
an accounting procedure where an asset whose value has declined is reserved or taken off the books.
The first term, αΔC, adds a further adjustment for credit expansion so that new risk (when credit is expanding) and risks taken off the books (when credit is shrinking) are taken into account.
For example, a 30% sales tax is so often cheated that most of the retail economy will go off the books. VAT distributes such a tax in small enough increments that it becomes more trouble to cheat than to pay the tax.
either to avoid prosecution for trading in illegal demerit goods (for example, drugs and prostitution) or simply to avoid paying taxes or submitting to costly regulations on otherwise potentially legal business transactions (working off the books, ...
See also: Expense, Banks, Acquisitions, Franchise, Leasing
 
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