What does 'on the books' mean?

Understand the Problem

The question is asking for the meaning of the phrase 'on the books'. It seeks to clarify its usage and context in the English language.

Answer

officially recorded or listed

The phrase 'on the books' means officially recorded or listed, especially as a law or an official record.

Answer for screen readers

The phrase 'on the books' means officially recorded or listed, especially as a law or an official record.

More Information

The term is often used in legal contexts or in business to indicate that something is formally documented.

Tips

A common mistake is confusing 'on the books' with 'in the books,' which means something has been concluded or finished.

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