SarbOx
/ˈsärbäks
/(also Sarbox)
noun
The Sarbanes-Oxley Act, a 2002 Federal law that set new accounting standards for publicly traded companies: [as modifier]: SarbOx compliance...
- SarbOx, say its critics, adds millions in compliance costs, makes life miserable for corporate directors, and encourages companies to bolt to foreign stock exchanges.
Origin
After Paul Sarbanes and Michael Oxley, the legislators who sponsored the law.