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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
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May 22 Word of the Day
A moment that is generally agreed to have had a significant influence on pop culture and everyday life. While the term was coined by Rose McGowan in context of the #MeToo movement, and is mostly associated with the K-pop community, the phenomenon is universal and a basic component of how culture works.

Real world events such as social/political movements, the election of a new U.S. President, major catastrophes and disasters, as well as entertainment such as movies, music and TV, can all function as cultural resets. Notable cultural resets in relatively recent memory include:

* The Beatles appearing on the Ed Sullivan show in 1964
* The Watergate scandal of 1974
* The release of Nevermind by Nirvana in 1991
* The September 11, 2001 attacks
* The election and inauguration of Barack Obama in 2009
* The COVID-19 pandemic
"The Nineties politically started with the fall of the Berlin Wall on November 9, 1989 and the Soviet Union dissolving on December 26, 1991, and ended with both the 2000 Presidential election which saw the victory of George W. Bush and the terrorist attacks on September 11, 2001 which left people so stupefied that it functioned as something of a cultural reset button." - TV Tropes' article on the 1990s
by Spike from Degrassi February 09, 2021
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2
stands for: Generally Accepted Accounting Practices
Anyone who works in accounting follows the GAAP
by KingdomGone January 31, 2007
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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
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4
Potential hire: What’s the policy on PTO?
Hiring manager : We have implemented the GAAP. Take whatever time you need as long as your work I’d done.
via giphy
by mlrtime August 13, 2020
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