noun
window dressing; hiding bad assets; selling off unwanted stocks
Financial term for temporarily moving bad loans or unwanted securities off the books, often to improve appearances. Common in phrases like 飛ばし行為 or 飛ばし取引.
その銀行は飛ばしで不良債権を隠していた。
The bank was hiding its bad loans through window dressing.
飛ばし取引が発覚して株価が急落した。
The stock price plummeted when the window-dressing transactions came to light.
Refers to accounting fraud in general, while 飛ばし specifically involves temporarily moving assets off the books.
The verb form; 飛ばし is the noun derived from it, used in financial jargon.
Noun form of the verb 飛ばす (to let fly, to send off), used figuratively in finance to mean 'making something fly away' from the balance sheet.