Similar to "tech debt", accounting debt is incurred when accounting departments take shortcuts either at the start of a companies life or during a busy period. These shortcuts then have to be "paid off" (i.e. corrected) by that same department or a third party at a later date. This phrase was coined by accountant Matthew R Williams, ACA in New York City on 23-Jun-22.
We could simply transfer the money now and sort out the loan agreements at a later date. We have to be conscious though that this would be adding to the departments existing accounting debt.
by Rob717 June 23, 2022
Get the Accounting Debtmug. by 1234579 December 28, 2020
Get the Accountmug. by Hacked Account December 31, 2021
Get the Hacked Accountmug. Created after autocorrect changed bank to boobs, boobs accounts are a bit different from the average bank account. They don't just store money.
Cigarettes, beer, hello kitty breast implants, you name it, the boobs account can hold it.
Boobs accounts are the future, and a highly recommended investment!|
Cigarettes, beer, hello kitty breast implants, you name it, the boobs account can hold it.
Boobs accounts are the future, and a highly recommended investment!|
by Pitbull2324 July 29, 2024
Get the boobs accountmug. Hym "And 'You need to be accountable for the things you say' is just your uppity, blimey, poofter way of saying 'You can say what you want but if I don't like it I get to do whatever I want to you' and NO. You DON'T get to do that. That isn't free speech. That is CONTINGENT speech and the contingency is the delicate sensibilities of some slack-jawed mongoloid. So, no. So maybe I wouldn't be saying what I'm saying if I hadn't been getting harass for years in a manner the resembles the delusions of reference commonly associated with schizophrenia. Where is the accountability for them? Why is accountability always absent LITERALLY half the time? Fuck you. You're not an authority to which I can be held accountable."
by Hym Iam May 7, 2025
Get the Accountablemug. by General Tyson September 8, 2020
Get the Accountabilitymug. A term used in Sethical's Baku Series to describe where somebody is lying that their bank account is full of paper, saying that it's empty or not.
Lil Broomstick: Ay bro not that I'm broke or anything but you could slide a couple coins my way.
Obito, strongest muthafucka in the series: You got Schrodinger's bank account. We don't know if that shit's empty or not.
Obito, strongest muthafucka in the series: You got Schrodinger's bank account. We don't know if that shit's empty or not.
by jeffthebalkan March 3, 2024
Get the Schrodinger's bank accountmug.