balance sheet

American  

noun

Accounting.

1. a tabular statement of both sides of a set of accounts in which the debit and credit balances add up as equal.

2. a statement of the financial position of a business on a specified date.

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balance sheet British  

noun

1. 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

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balance sheet Cultural  

1. 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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Etymology

Origin of balance sheet

First recorded in 1830–40

Example Sentences

Decentralized operations, a strong balance sheet, modest leverage and a culture of trust all served one purpose: preserving judgment under stress.

From MarketWatch

Decentralized operations, a strong balance sheet, modest leverage and a culture of trust all served one purpose: preserving judgment under stress.

From MarketWatch

Another possible warning flag is a notable deterioration in hyperscalers’ balance sheets.

From MarketWatch

Andersen Group consolidates the operating business, meaning all the assets and liabilities are on its balance sheet, even though Andersen Group owns only 11% of it.

From The Wall Street Journal

Only a small number of companies—Tesla, Block and Strategy among others—hold bitcoin on their balance sheets.

From The Wall Street Journal