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balance sheet
noun
- a tabular statement of both sides of a set of accounts in which the debit and credit balances add up as equal.
- a statement of the financial position of a business on a specified date.
balance sheet
noun
- 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
- 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
Example Sentences
“The company will have significant cash flow, a strong balance sheet, and the financial flexibility to pursue growth opportunities, both organically and potentially through acquisitions,” Comcast President Mike Cavanagh said in a note to employees.
But for many years, under previous governments, some of its profits never reached the treasury as it was accused by state governors and federal lawmakers of including these inflated subsidy costs on its balance sheet.
Ofwat not only failed to police the levels of debt piling up on water company balance sheets.
The Burbank studio self-financed the transaction with cash on its balance sheet and did not use outside funding, Legendary said Monday.
Both bids would inject $1.5 billion into Paramount’s battered balance sheet, allowing the firm to pay down debt, when the deal closes.
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