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Definition 2024


on_the_books

on the books

English

Adjective

on the books (not comparable)

  1. (business, accounting) Officially recorded in an organization's financial records.
    • 1908, Jack London, The Iron Heel, ch. 11:
      Promptly came the reply that there was no record on the books of father's owning any stock.
    • 1999 October 17, Karl Taro Greenfeld, "Mattel: Some (Re)Assembly Required," Time:
      The immediate problem was $100 million in inventory, which Mattel thought had been sold, that mysteriously reappeared on the books at Learning Co. Oops.
  2. (law) Officially recorded in the lawbooks; having the force of enacted law.

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