balance-sheet profit

  • 1balance sheet — bal·ance sheet n: a statement of financial condition at a given date Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. balance sheet …

    Law dictionary

  • 2balance sheet — / bæləns ʃi:t/ noun a statement of the financial position of a company at a particular time, such as the end of the financial year or the end of a quarter, showing the company’s assets and liabilities ● Our accountant has prepared the balance… …

    Dictionary of banking and finance

  • 3balance sheet — / bæləns ʃi:t/ noun a statement of the financial position of a company at a particular time such as the end of the financial year or the end of a quarter showing the company’s assets and liabilities ● Our accountant has prepared the balance sheet …

    Marketing dictionary in english

  • 4Balance sheet accounts —   Represent the financial institution s present assets and liabilities. They contain information on the actual balances at a given time.   Balance sheet reports Include:   Break even rates on assets   Compensation statement   balance confirmation …

    International financial encyclopaedia

  • 5balance sheet — A statement of financial position of any economic unit, disclosing as at a given moment of time, the value of its assets, liabilities, and equity of the owners in conformity with generally accepted accounting principles. See also profit and loss… …

    Black's law dictionary

  • 6balance sheet — A statement of financial position of any economic unit, disclosing as at a given moment of time, the value of its assets, liabilities, and equity of the owners in conformity with generally accepted accounting principles. See also profit and loss… …

    Black's law dictionary

  • 7balance sheet —    A statement that shows the financial position of a company in terms of its assets and liabilities at particular times (current and past); an indicator of the overall condition of the business. This differs from a profit and loss statement,… …

    Business law dictionary

  • 8profit and loss account — index budget Burton s Legal Thesaurus. William C. Burton. 2006 profit and loss account …

    Law dictionary

  • 9profit — total revenue less total expenses for a period of time calculated in accordance with generally accepted accounting principles. Glossary of Business Terms Revenue minus cost. The amount one makes on a transaction. Bloomberg Financial Dictionary *… …

    Financial and business terms

  • 10profit and loss account — P & L account 1) An account in the books of an organization showing the profits (or losses) made on its business activities with the deduction of the appropriate expenses. 2) A statement of the profit (or loss) of an organization over a financial …

    Accounting dictionary