Dictionary

Words, grammatical forms and meanings linked to the ontology.

Hollywood accounting en · NOUN

Meanings

(uncountable) A form of creative accounting practiced by the entertainment industry that reduces reported profit in order to reduce owed royalties and taxes.
- Supposedly, it also avoids “Hollywood accounting,” whereby a film generates a fortune in ticket sales but never shows a profit for the producer who sank millions into it. 2007, Johnnie L. Roberts, “Hollywood’s New Moguls Shake Things Up”, in Newsweek:

Synonyms

Hollywood bookkeeping