🇪🇸Spanish Source WordCode: ES

balance

Pronunciation / Transliteration: bah-lan-seh

🇬🇧 Direct English Meaning:
Balance-Sheet/ˈbæl.əns ʃiːt/
nounCEFR B2 (Upper)Top #1500 frequency
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🇪🇸 Example Sentence in Spanish:

"El balance financiero se presentó en la reunión."

Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time.

    "The accountant prepared the balance-sheet to provide a clear overview of the company's financial position."
  2. 2

    A document that reflects the financial health of an organization, often used for analysis and decision-making.

    "Investors reviewed the balance-sheet to assess the company's stability before making their investment."

Thesaurus & Semantic Spectrum

Linguistic Origin & Historical Etymology

The term 'balance-sheet' originates from the combination of 'balance', derived from the Latin 'bilanx' meaning 'having two scales', and 'sheet', which comes from the Old English 'sceat', meaning 'a piece of paper'. The term evolved in the context of accounting in the 19th century to represent a financial statement summarizing assets, liabilities, and equity.

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