noun Accounting.
- a tabular statement of both sides of a set of accounts in which the debit and credit balances add up as equal.
- a statement of the financial position of a business on a specified date.
noun
- a statement that shows the financial position of a business enterprise at a specified date by listing the asset balances and the claims on such assets
An orderly account of the assets of a company or individual and of the financial claims on those assets by others.