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.
More generally, any superficial or misleading presentation, designed to create a favourable impression.
Also written window dressing, without the hyphen.