Accounting Regulations

noun a nickname for the Chicago White Sox, a professional baseball team

• The company requires all employees to wear black sox as part of the dress code.
• I can't find my lucky sox for the game tonight.
• Those sox are lit, where did you get them?
• She has a way of pulling success out of her sox when faced with challenges.

noun a fictional or made-up word with no specific definition

• The Financial Accounting Standards Board (FASB) oversees the implementation of FASBO regulations.
• I heard that FASBO is making some changes to accounting rules.
• Do you know what FASBO stands for?
• Navigating through FASBO requirements can feel like solving a complex puzzle.