off the books


Also found in: Financial, Idioms.
not recorded in the official financial records of a business; - usually used of payments made in cash to fraudulently avoid payment of taxes or of employment benefits.

See also: Book

References in classic literature ?
Taking her eyes off the book, to test her memory of something in it, Lizzie was the first to see herself observed.
The Kazakhstani government is considering a package of countermeasures against its off the books economy for 2014-2015.
By taking them off the books of banks, it is hoped it will encourage market liquidity and ease the recession.
Seventeen-year-old Julius Hart spent a night in jail because of this law, but a Palm Beach Circuit Judge ruled that the city ordinance was unconstitutional and should be taken off the books.
In Off the Books, SudhirAlladi Venkatesh posits that if a transaction occurs in the ghetto and no one writes it down, it still counts as trade.
Records set by baseball players who used steroids should be taken off the books, because the use of performance-enhancing drugs in sports is cheating.
concealed about 540 million yen in taxable income, including some funds kept off the books, generated from construction of waste disposal plants in the three fiscal years through March 2002, informed sources said Wednesday.
would give up control of the World Trade Center site in exchange for New York's airports is off the books for good.
The plan is to I "take all of the slots off the books that the money already went away for," said Chief of Staff Gen.
Fraudsters manipulate balance sheets either directly through the booking of incorrect accounting entries or indirectly by keeping transactions off the books entirely.
This can be attributed to a number of default properties cleared off the books by some of the financial institutions.
That's why we can't rest until we get this ludicrous GID diagnosis off the books.