(n.) Incorrect accounts, where the values of work done is understated so that income taation is lower. Could also mean exploiting loopholes, which isn't illegal. See also cook the books
by Kung-Fu Jesus July 21, 2004
by Nick Joe September 16, 2011
An Imaginary Book of recipes used for cooking the most amazing food with the least amount of ingrediants. If you recieve "Food Stamps" you've heard of this Book.
Mom made us another amazing meal last night. Ramen Noodles with garlic and Ketchup. Tasted just like spaghetti. She must have got that one from the Welfare Cook book.
by Vandie August 16, 2006
a frequent practice of lying and cheating in any record bookkeeping, in order to substancially increase your own personnal profit and earnings. OR knowingly providing incorrect information in a companies financial statements. This is, needless to say, illegal.
by losrunner April 9, 2004
(v.) To exploit loopholes that allow for one's accounts to show less profits than actually exist, but allow for the figures to be changed for shareholder reports. Shows incorrect figures presented in a way that are unlikely to be questioned.
Claiming that six vans @ thirty grand each were bought for the business, when in actual fact the money went to a comapny located in switzerland owned by the board of directors, and the vans were toys costing next to nothing. The money (180,000 in your chosen currency) has gone to the directors as undeclared salary that is stored offshore.
by Kung-Fu Jesus July 22, 2004
by john365 March 13, 2003
When Emily exposed to the room full of friends and family that James had a small penis, he had been cooked and booked
by ShortStackB January 17, 2020