GUAP

Generally Unaccepted Accounting Principles, the opposite of GAAP (Generally Accepted Accounting Principles)
If a company decides to do anything that is not GAAP, like managing earnings, they would be following GUAP.

Auditor: They didn't accrue for bad debts so their income is overstated a material amount, that is some serious GUAP!
by HB Clone August 02, 2011
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GUAP

Gay, Underage, Anal, Penetration (GUAP)

Used in Big Seans Song GUAP. This word is an abbreviation of the anal penetration of underage male youth.
Me: Did you see Fred in his truck with his son? I think they were getting the GUAP on

Matt: Yeah me and my dad did the GUAP last week in Kentucky.
by Mister Cancer Dick 2000 July 17, 2013
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Guap

A slang term for money. It can mean that you have money in your hands.
Take a moment, count my guap, count my guap
All these racks bombin' in, they bombin' in
by Pre-Writing March 15, 2018
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Guap

Aye, hold up
Take a moment, count my guap, count my guap
All these racks bombin' in, they bombin' in (hold up)
Aye, count my guap, count my guap
Cannot stop comin' in, comin' in
Pull up in a drop top, she drop dead
I pulled up in a drop top, she drop dead
My diamonds dancing hopscotch, they holding hands
My diamonds dancing hopscotch, they holding hands"- Trippie red
by Lamar Jackson=Michael Vick February 27, 2019
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Guaped

Dripped out. Basically wearing good expensive clothes, shoes, jewelery etc.
- Wanna hang out sometime?
- Hell naw, I'm too guaped for you bit**es
by Deal The Real May 18, 2020
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Guap

Guap is NOT $1000.

Guap is referenced to any high amount of dollars, basically a general word for mad dough.
- I beat you fare and square in that race, now run that guap.

- I worked OT this week to get this guap.
by g35nyc.com February 02, 2007
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guape

She got the guape,
by ace10km August 16, 2009
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