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

Boeing raised $21 billion in a stock sale this week to shore up its balance sheet.

From Los Angeles Times

It is just the second series they have lost under Ben Stokes and Brendon McCullum, though it also means their balance sheet for 2024 is not in credit.

From BBC

The Burbank studio self-financed the transaction with cash on its balance sheet and did not use outside funding, Legendary said Monday.

From Los Angeles Times

The sales have significantly improved GameStop’s balance sheet; even though its business is just barely scraping by, the company now has more than $4 billion in cash from all these share sales.

From Slate

Tupperware, with its horrible mess of a balance sheet, did not get a bite.

From Slate