balance sheet

American  

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.

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balance sheet British  

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

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balance sheet Cultural  

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

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Etymology

Origin of balance sheet

First recorded in 1830–40

Example Sentences

SVB banked tech giants and venture capitalists, resulting in a wild balance sheet with extraordinary levels of uninsured deposits.

From Barron's

Broadly, the sector benefits from strong balance sheets, which could drive greater returns to investors, they add.

From The Wall Street Journal

The reshaping of Oracle’s balance sheet and cash flows has taken a toll on the stock, which is down more than 40% from an all-time high reached in September, and its bond prices have declined.

From Barron's

“There are no contingencies, no foreign sovereign wealth funds, and no stock collateral or personal loans. We are a scaled company with a +$400 billion market cap and a strong investment grade balance sheet.”

From Los Angeles Times

The Netflix merger, on the other hand, is fully backed by a public company with a market cap of more than $400 billion and with an investment-grade balance sheet, Warner said.

From The Wall Street Journal