Window-dressing

1. Financial reporting.

In financial reporting, window-dressing refers to transactions, or delayed transactions, around a financial reporting date, intended to improve the reported financial position, financial performance, or related financial measures or ratios.

Banks' year-end window-dressing

"... SOFR also exhibits volatility due to conditions in collateral markets and dealer balance sheet management.

A notable recent example is the December 2018 spike, which was due to a glut in treasury markets interacting with banks' year-end window-dressing."

Bank for International Settlements (BIS) Quarterly Review, March 2019.

2.

More generally, any superficial or misleading presentation, designed to create a favourable impression.

Also written window dressing, without the hyphen.

See also

• Balance sheet
• Bank for International Settlements
• Bank supervision
• Collateral
• Disclosure
• Financial reporting
• SOFR
• Statement of financial position
• Transparency