Definition of balance sheet in US English:

balance sheet

noun

  • A statement of the assets, liabilities, and capital of a business or other organization at a particular point in time, detailing the balance of income and expenditure over the preceding period.

    • ‘When a company buys a computer, the expense goes onto its balance sheet and the cost gets depreciated over its lifetime.’
    • ‘The idea of the personal balance sheet was a key part of our Investment Workbook.’
    • ‘We are also running a business with simple economic facts and a balance sheet.’
    • ‘Is the company whose stock you own carrying more debt than the balance sheet is showing?’
    • ‘You have to have a strong balance sheet and be careful of heavy capital expenditures.’
    • ‘The basic premise is that each of us, as individuals or household units have our own balance sheet.’
    • ‘It also removes fixed-property assets from the balance sheet to the pension scheme.’
    • ‘A deduction was also made for the negative working capital existing on the balance sheet.’
    • ‘An injunction does not appear on the debit side of the balance sheet as a liability.’
    • ‘The group has a superior balance sheet to many of its competitors.’
    • ‘It was not listed as an asset of the business in the partnership balance sheet.’
    • ‘As a result the company has a very low asset base that negatively affects its balance sheet.’
    • ‘As mortgage debt plays a big role in equity value, it is worth looking at the balance sheet.’
    • ‘Closer examination of the balance sheet revealed an increase in capital employed by the company.’
    • ‘Curiously, this liability does not have to be shown on the balance sheet.’
    • ‘They now have to carry the value of their derivative contracts on the balance sheet.’
    • ‘If you are expanding, how do you see that expansion affecting your balance sheet on an annual basis?’
    • ‘The amount or value of an asset is, of course, a credit on the asset side of the balance sheet.’
    • ‘They don't want to put anything on the balance sheet that may turn out to be worthless.’
    • ‘There are still losses in some areas but the company appears to have its balance sheet under control.’
    book, account book, record book, register, registry, log
    View synonyms

Pronunciation

balance sheet

/ˈbæləns ˌʃit//ˈbaləns ˌSHēt/