BALANCE SHEET • FREE TRANSLATOR.ORG • Definition of Balance sheet

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/bˈæləns ʃit/ Listen

Balance sheet

noun

A record of the financial situation of an institution on a particular date by listing its assets and the claims against those assets.

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"Balance sheet" Quotes from Famous Books

... up the balance sheet of his passion, as he drew up every year the balance sheet of friendships that were ended or freshly contracted, of circumstances and persons that had entered into ...

— Maupassant Original Short Stories (180), Complete • Guy de Maupassant

... and additional loans from the Bank of Nova Scotia and the Royal Bank of Canada: thus "the financial sceptre passed to Canada."[49] At the same time the manager and directors of the Commercial Bank were arrested on a charge of having presented a fraudulent balance sheet. Reuter's correspondent at St. John's noted that in this time of trouble the idea of union with Canada gained ground rapidly. How hopeless the position seemed to calm observers on the spot may be gathered from the following vivid extracts from a letter ...

— The Story of Newfoundland • Frederick Edwin Smith, Earl of Birkenhead

... not pay it is interesting to take a look at the African balance sheet. Almost without exception the South African railways have been operated at a considerable net profit. These profits some years have been as high as L2,590,917. During the war, when there was a natural slump in traffic and when all soldiers and Government supplies ...

— An African Adventure • Isaac F. Marcosson

... his annual address the President detailed the business of the organization for the past year, referring but briefly to the facts which had led up to the resignation of the four directors. The Shareholders' Auditor followed with the balance sheet, giving detailed accounts of receipts, expenditures, assets and liabilities; he answered all questions asked. Then came a resolution, expressing the thanks of the shareholders to the President—and this moment was chosen by the leader of the ...

— Deep Furrows • Hopkins Moorhouse

... nation by their blunders. To be a rebel and a schismatic was surely not all that ought to be required of a man in high employment. What would become of the finances, what of the marine, if Whigs who could not understand the plainest balance sheet were to manage the revenue, and Whigs who had never walked over a dockyard to fit out the ...

— The History of England from the Accession of James II. - Volume 3 (of 5) • Thomas Babington Macaulay