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

Yet the NY Fed research is among the mounting data showing how pricey healthcare premiums are weighing heavily on business balance sheets — and on worker paychecks.

From MarketWatch

The company’s balance sheet could benefit from tariff refunds, potentially leading to sharper pricing or enhanced member services.

From Barron's

Six Flags will use the $331 million in proceeds to pay down debt, simplifying its portfolio and strengthening its balance balance sheet.

From The Wall Street Journal

“Their balance sheet’s a lot stronger than it has been, and they are continuing to pay the dividend and buy back stock,” Herzog says.

From Barron's

Officials are increasingly seeing a need to mobilize the balance sheets of public companies to help fund the development of a semiconductor supply chain, analysts said.

From The Wall Street Journal