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 Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

Related Words for balance sheet

account, budget, ledger, report

Examples from the Web for balance sheet

Contemporary Examples of balance sheet

  • But the trouble in Goldman-land, is not just of the financial, or balance-sheet variety.

    The Daily Beast logo
    Has Goldman Lost Its Swagger?

    Charlie Gasparino

    February 18, 2009

Historical Examples of balance sheet

  • There is no need for the British taxpayer to be alarmed at this balance-sheet.

    Home Rule

    Harold Spender

  • I have consulted Picard and shown him the rent-roll and balance-sheet I had already shown you.

    White Lies

    Charles Reade

  • And Gregory, at her request, had brought up the balance-sheet.

    El Diablo

    Brayton Norton

  • You're the first Gabbai I ever knew who was satisfied with his balance-sheet.

    Ghetto Comedies

    Israel Zangwill

  • The end of the year, that is to say, the striking of the balance-sheet.

British Dictionary definitions for balance sheet

balance sheet


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
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

balance sheet in Culture

balance sheet

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

The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.