GAAP

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GAAP

abbr.
generally accepted accounting principles
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.GAAP - a collection of rules and procedures and conventions that define accepted accounting practice; includes broad guidelines as well as detailed procedures
accounting principle, accounting standard - a principle that governs current accounting practice and that is used as a reference to determine the appropriate treatment of complex transactions
aggregation, collection, accumulation, assemblage - several things grouped together or considered as a whole