padded account



padded account

A financial account that has been made to appear more successful, stable, or secure, as by fraudulently concealing losses or by reporting false profits. Once the company's fraud came to light, it was quickly discovered that Tom had been keeping padded accounts for years.
See also: account, pad

Common Names:

NameGenderPronouncedUsage
EulÁLia-Portuguese, Hungarian, Slovak
HjØRdis-Danish, Norwegian
FÁBiÁN-Hungarian
PervİN-Turkish
Sweeney['swi:ni]
HenkHENKDutch