Hello, you have come here looking for the meaning of the word
balance sheet. In DICTIOUS you will not only get to know all the dictionary meanings for the word
balance sheet, but we will also tell you about its etymology, its characteristics and you will know how to say
balance sheet in singular and plural. Everything you need to know about the word
balance sheet you have here. The definition of the word
balance sheet will help you to be more precise and correct when speaking or writing your texts. Knowing the definition of
balance sheet, as well as those of other words, enriches your vocabulary and provides you with more and better linguistic resources.
English
Noun
balance sheet (plural balance sheets)
- (accounting) A summary of a person's or organization's assets, liabilities and equity as of a specific date.
2013 June 22, “Engineers of a different kind”, in The Economist, volume 407, number 8841, page 70:Private-equity nabobs bristle at being dubbed mere financiers. Piling debt onto companies’ balance-sheets is only a small part of what leveraged buy-outs are about, they insist. Improving the workings of the businesses they take over is just as core to their calling, if not more so. Much of their pleading is public-relations bluster.
Derived terms
Translations
summary of assets, liabilities and equity
See also