0 a statement that shows the value of a company's assets (= things of positive value) and its debts
1 a record of the value of things a company owns and of its debts for a particular period, usually a year
2 a financial statement that shows a company's assets and debts at a particular time:
Nobody but Cartwright could persuade the dissatisfied shareholders to accept that balance sheet.
So also credits in the accounts of one bank, figure as debits on the balance sheet of another bank.
The New Year must start with a clean balance sheet for the tradesman—all bills paid and collected.
The balance sheets of each of these associations would be the envy of most business undertakings.
This link is formalised in the accounting practice which puts uncovered pension liabilities on the sponsoring firm's balance sheet.
Pension funds thereby consider both the asset and the liability side of the balance sheet in their investment decisions.
The theme is the balance sheet between growth in human population and growth in food production.
