noun
- A collection of rules and procedures and conventions that define accepted accounting practice; includes broad guidelines as well as detailed procedures.
- synonyms: generally accepted accounting principles
WordNet 3.0 © 2006 by Princeton University
| APA | WordNet. (2010). gaap. Retrieved September 21, 2026, from http://smartdefine.org/gaap/definitions/1277733 |
| Chicago | WordNet. 2010. "gaap" http://smartdefine.org/gaap/definitions/1277733 (accessed September 21, 2026). |
| Harvard | WordNet 2010, gaap, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/gaap/definitions/1277733>. |
| MLA | WordNet. "gaap" 23 October 2010. Web. 21 September 2026. <http://smartdefine.org/gaap/definitions/1277733> |