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.

---

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

---

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.

---

Etymology

Origin of balance sheet

First recorded in 1830–40

Example Sentences

In Tuesday’s announcement, Netflix touted its “strong cash flow generation,” which it said supported the revised all-cash transaction “while preserving a healthy balance sheet and flexibility to capitalize on future strategic priorities.”

From Los Angeles Times

That figure includes local-government spending on public works, which is weighed down by mountains of debt hidden off official balance sheets.

From The Wall Street Journal

Riot Platforms purchased the Rockdale site for $96 million, funded entirely through the sale of Bitcoin from its balance sheet, the company said Friday.

From Barron's

The company has added a lot of value through mergers and acquisitions, and has a clean balance sheet.

From Barron's

Instead, they will boast sustainable economics, regulatory compliance and balance sheets strong enough to survive the stress tests ahead.

From MarketWatch