Hollywood accounting
Hollywood accounting noun: a form of creative accounting practiced by the entertainment industry that reduces reported profit in order to reduce owed royalties and taxes.
Noun
Hollywood accounting (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
Synonyms of Hollywood accounting
Questions about Hollywood accounting
- What does Hollywood accounting mean?
- Hollywood accounting means a form of creative accounting practiced by the entertainment industry that reduces reported profit in order to reduce owed royalties and taxes.
- What part of speech is Hollywood accounting?
- Hollywood accounting is a noun.
Words near Hollywood accounting in the dictionary
Source and license
Adapted from Wiktionary: Hollywood accounting (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
Last updated:
Cite this entry: “Hollywood accounting.” Word.ws, https://word.ws/hollywood_accounting. Based on Wiktionary, CC BY-SA 4.0.
