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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
1830-40 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the web for balance sheet
  • The city was a balance sheet, a monstrously living, endlessly voracious organism of profits and losses.
  • The financial-services arm is also intertwined with the group's horribly over-stretched balance sheet.
  • The insurer had hundreds of millions in losses on its balance sheet.
  • Employers who provide for mental health care may cultivate a better balance sheet as well as a happier lunch room.
  • The behavior of the atmosphere too can be explained by a balance sheet--not one of money, but of energy.
  • And depending on the source, the balance sheet may come out quite differently.
  • The end-of-year corporate balance sheet was unrecognizable, a pure fiction that bore no relation to reality at any point.
  • And a standing army is as risky to a space program's balance sheet as it is to a nation's balance sheet.
  • The upside of stratospheric oil prices is reflected in what is happening on the other side of the balance sheet.
  • By a wide margin, the biggest threat to our nation's balance sheet is the skyrocketing cost of health care.
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
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balance sheet in Culture

balance sheet definition

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

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