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.

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

balance sheet

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

Word History and Origins

Origin of balance sheet¹

First recorded in 1830–40

Example Sentences

The deal is expected to inject $1.5 billion into Paramount’s balance sheet to help the firm pay down debt.

From Los Angeles Times

Under the deal terms, the new Paramount will offer to buy out some shares of existing shareholders and inject $1.5 billion into Paramount’s strained balance sheet.

From Los Angeles Times

Selling them on has become highly lucrative for clubs' balance sheets, as they go down as pure profit in the accounts because little or no transfer fee was paid for them in the first place.

From BBC

"Despite this record expenditure - which importantly is being artificially kept off local authority balance sheets - we recognise that there is widespread dissatisfaction with the system," he said.

From BBC

Her fury blazes beyond balance sheets and into curated spaces of elites.

From Los Angeles Times