GAAP as NOUN

1. Meaning
   • a collection of rules and procedures and conventions that define accepted accounting practice
   • includes broad guidelines as well as detailed procedures
   Synonym(s)
   • generally accepted accounting practices (what does generally accepted accounting practices mean?)
   Hypernyms(s) GAAP is a kind of… Example: animal is a hypernym of mammal, plant is a hypernym of flower
   • collection (what does collection mean?)
   • aggregation (what does aggregation mean?)
   • accumulation (what does accumulation mean?)
   • assemblage (what does assemblage mean?)