Top definition
stands for: Generally Accepted Accounting Practices
Anyone who works in accounting follows the GAAP
by KingdomGone January 31, 2007
Mug icon

The Urban Dictionary Mug

One side has the word, one side has the definition. Microwave and dishwasher safe. Lotsa space for your liquids.

Buy the mug
2
stands for: Grazing Area Above Penis
Mike: Dude, Ivik, my GAAP feels like a rusty penny.
Ivik: Oh man I hate when that happens. Its almost worse than an itchy asshole..
Mike: Oh I know it roach. Itchy asshole def sucks a lot, but an itchy GAAP seriously feels worse than getting punched in the spleen by Liam.
Ivik: Liam
Mike: Scotch on the rocks with a lemony twist...
Ivik: Made by Liam
Mike: Let's party DANIIIDE with Crane and our itchy GAAPS.
Ivik: And snuggies
by trotis January 20, 2009
Mug icon

The Urban Dictionary Mug

One side has the word, one side has the definition. Microwave and dishwasher safe. Lotsa space for your liquids.

Buy the mug
3
Collective noun: All of the people; the general public; "they"
Gaap flock to the supermarket every Saturday morning at exactly 10am.
by Wim Wheed August 27, 2011
Mug icon

The Urban Dictionary Mug

One side has the word, one side has the definition. Microwave and dishwasher safe. Lotsa space for your liquids.

Buy the mug