balance sheet

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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:
1830–40

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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Link To balance sheet

Collins

World English Dictionary

balance sheet

—n
	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 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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00:10

Balance sheet is always a great word to know.

So is ninnyhammer. Does it mean:

a fool or simpleton; ninny.

a screen or mat covered with a dark material for shielding a camera lens from excess light or glare.

LEARN MORE UNUSUAL WORDS WITH WORD DYNAMO...

American Heritage

Cultural Dictionary

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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Example sentences

The financial-services arm is also intertwined with the group's horribly

over-stretched balance sheet.

The city was a balance sheet, a monstrously living, endlessly voracious

organism of profits and losses.

The insurer had hundreds of millions in losses on its balance sheet.

What you have-what the pictures show, as vividly as any balance sheet-is an

organization out of control.

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Matching Quote

"If when a businessman speaks of minority employment, or air pollution, or poverty, he speaks in the language of a certified public accountant analyzing a corporate balance sheet, who is to know that he understands the human problems behind the statistical ones? If the businessman would stop talking like a computer printout or a page from the corporate annual report, other people would stop thinking he had a cash register for a heart. It is as simple as that—but that isn't simple."

-Louis B. Lundborg