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.
Origin of balance sheet
First recorded in 1830–40
Words nearby balance sheet
Example sentences from the Web for balance sheet
British Dictionary definitions for balance sheet
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
Cultural definitions for balance sheet
balance sheet
An orderly account of the assets of a company or individual and of the financial claims on those assets by others.