(accounting) a sum of money or an asset that should appear on a company’s balance but does not; hidden reserve
[awf-beys, of-] /ˈɔfˈbeɪs, ˈɒf-/ adjective 1. located outside the perimeters of a military base: off-base housing for officers. adv. “unawares,” 1936, American English, from off (adv.) + base (n.); a figurative extension from baseball sense of “not in the right position” (1898), from notion of a baserunner being picked off while taking a lead.
[adjective awf-beet, of-; noun awf-beet, of-] /adjective ˈɔfˈbit, ˈɒf-; noun ˈɔfˌbit, ˈɒf-/ adjective 1. differing from the usual or expected; unconventional: an offbeat comedian. noun 2. Music. an unaccented of a measure. /ˈɒfˌbiːt/ noun 1. (music) any of the normally unaccented beats in a bar, such as the second and fourth beats in a bar […]
[beet] /bit/ verb (used with object), beat, beaten or beat, beating. 1. to strike violently or forcefully and repeatedly. 2. to dash against: rain beating the trees. 3. to flutter, flap, or rotate in or against: beating the air with its wings. 4. to sound, as on a drum: beating a steady rhythm; to beat […]
[awf-bawrd, -bohrd, of-] /ˈɔfˈbɔrd, -ˈboʊrd, ˈɒf-/ adjective, adverb, Stock Exchange. 1. outside of a major exchange, as over the counter or between private parties: an off-board transaction.