follow Dictionary.com

Are yams and sweet potatoes the same?

balance sheet

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.
Origin
1830-1840
1830-40
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source
British Dictionary definitions for balance-sheet

balance sheet

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
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
Cite This Source
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.
Cite This Source

Word of the Day

Difficulty index for balance sheet

Few English speakers likely know this word

Word Value for balance

11
15
Scrabble Words With Friends

Quotes with balance-sheet