BALANCE SHEET Definition & Meaning

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balance sheet

noun

Accounting.

a tabular statement of both sides of a set of accounts in which the debit and credit balances add up as equal.
a statement of the financial position of a business on a specified date.

balance sheet

noun

a statement that shows the financial position of a business enterprise at a specified date by listing the asset balances and the claims on such assets

balance sheet

An orderly account of the assets of a company or individual and of the financial claims on those assets by others.

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51�Թ� History and Origins

Origin of balance sheet¹

First recorded in 1830–40

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Example Sentences

Examples have not been reviewed.

Her fury blazes beyond balance sheets and into curated spaces of elites.

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With the removal of the asset cap, the bank now can aim for higher deposits and new accounts as well as pursue additional investment banking businesses by keeping additional securities on its balance sheet.

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By 2007, no-one knew exactly where these grenades were hidden in bank balance sheets, so they all stopped lending to each other – which saw the whole global financial system seize up.

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“Other partners are going to take the majority of that onto their balance sheet,” he said.

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But Skydance and its backers also agreed to pump $1.5 billion into Paramount’s battered balance sheet so the company can pay down debt.

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balance shaft balance spring

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