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单词 off the books
释义

off the books


not recorded in the official financial records of a business; - usually used of payments made in cash to fraudulently avoid payment of taxes or of employment benefits.

See also: Book

off the books


off the books

Off the official payroll; paid in cash, without any official employment paperwork. I worked off the books in my uncle's restaurant for a few months during the summer. It's no secret that many migrant workers are kept off the books at major agricultural and construction operations around the country.See also: book, off

on/off the/somebody’s ˈbooks

(business) included/not included in the official financial records of a company: The company falsified its accounts and kept billions of dollars in debt off the books.See also: book, off, on

Off the Books


Off the Books

A payment for which no record is kept. Off the books payments may simply result from poor record keeping. However, the term connotes illegal or unethical payments. For example, a bribe may be kept off the books.
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更新时间:2025/3/4 9:00:36