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 account mug.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 Debt mug.This isn’t punishment, you’re being held accountable. Once we win or cut the bullshit we’re done.
Accountability.
Accountability.
by Rose State Retards February 17, 2022
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