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window dressing

   Also found in: Dictionary/thesaurus, Legal, Financial, Encyclopedia, Wikipedia 0.03 sec.

window dressing

Use of creative accounting practices to make the financial situation in the accounts appear better than the position in reality. This might include executing a sale and leaseback deal just before the end of the financial year. This has the result of securing a quick cash injection and artificially improving the liquidity ratio.



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The consultation process appeared to the public as little more than a piece of window dressing for a decision which to all intents and purposes had already been taken.
LDP leader Jovan Manasievski assessed that the proposed Budget revision is just window dressing aimed at creating the impression that the Government is taking measures.
The former Europe Minister later accused Gordon Brown of having a two-tier Cabinet and of using women as window dressing - a claim ridiculed after the glamorous MP posed in a glossy magazine photo shoot.
 
 
 
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