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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

Balance Sheet  

Definition 1.

A company's financial statement. It reports the company's assets, liabilities, and net worth at specific time.
 

Definition 2.

A quantitative summary of a company's financial condition at a specific point in time, including assets, liabilities and net worth. The first part of a balance sheet shows all the productive assets a company owns, and the second part shows all the financing methods (such as liabilities and shareholders' equity). also called statement of condition.
 

Definition 3.

Also called the statement of financial condition, it is a summary of a company's assets,liabilities, and owners' equity.
 
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