creative accounting

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creative accounting (uncountable)

  1. (business, euphemistic, sometimes humorous) Financial accounting practices which are usually not explicitly illegal, but which are unorthodox, imaginative, usually misleading, and of questionable ethics.
    • 2002, R. Boyes, R. Owen, and A. Sage, "Europe's economies face a winter of discontent," The Times (London), 23 Dec.:
      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.


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