Generally Unaccepted Accounting Principles, the opposite of GAAP (Generally Accepted Accounting Principles)
If a company decides to do anything that is not GAAP, like managing earnings, they would be following GUAP.

Auditor: They didn't accrue for bad debts so their income is overstated a material amount, that is some serious GUAP!
by HB Clone August 02, 2011
an enormous amount of money; uncountable.
"Man i just copped me a Range Rover man!"
"Yeah? What that cost?"
"Man i dropped a guap!"
by wORd_wONdER May 27, 2008
1. A phrase used to describe womens breast.

2. A phrase used to describe womens breast that you have particular interest in.
Bruce: Yo, you chanked out indian curry popin muthafuckas!
Kyle: What?
Paul: What up.
Bruce: Check out that skallywag hoe. She got some fuckin fat ass guaps dog.
Kyle: What?
Paul: Damn son! I wanna suck on them guaps and get some of that milk!
Bruce: Fuck ya.
by Big&Black November 19, 2007
Gay, Underage, Anal, Penetration (GUAP)

Used in Big Seans Song GUAP. This word is an abbreviation of the anal penetration of underage male youth.
Me: Did you see Fred in his truck with his son? I think they were getting the GUAP on

Matt: Yeah me and my dad did the GUAP last week in Kentucky.
by Mister Cancer Dick 2000 July 17, 2013
A fine looking young lady who has a huge ass
"Damn bro check out that chick"
"Yeah that's Guap"
by Bobbyo May 28, 2013
The word quap originated from the an african american slang term used on the streets of Harlem, New York to indicated large sums of money aquired through the sale of illicit drugs. It is in reference to the amount of money a typical black male would earn in a year at an 8 hour hour a day, 5 day a week job, making minimum wage (new york state). At present day 7.15 x 8 = 57.2 a day...57.2 x 8 = 286 a week ... 286 x 53 = $14,872 in a year...thus the amount of guap at the present rate is $14,872 in previous years when minimum wage was at 5.15 an hour a guap was equivilent to $10,712. As a sign of the times a quap has risen with inflation.
"ask me what I paid and I say yeah I paid a guap" - mims
Also used on NYC metro north trains to pick up underage girls..."yeah my boy make Guap, you bitches down to chill"
by e-fizz January 02, 2008
Guap - gwa'p
One unit of monetary measurement varying in size not equal to a given amount of paper or coin money. Also known as a significant amount, comparatively speaking, when it is applied to purchasing any certain thing.
Example: “I took my girlfriend to this dope ass place for dinner last night and ordered mad food, it was money son!” Friend replies, “Holy shit man that must have cost a guap!"

Guap - gwa'p
To a very great degree of extent or amount. Very many, a large number; also, very much.
Example: “I have a guap of CD’s in the back seat.”, or “I drank a guap last night."
by Tyson Howard April 16, 2007

Free Daily Email

Type your email address below to get our free Urban Word of the Day every morning!

Emails are sent from We'll never spam you.