BNET Business Dictionary
Business Definition for: Balance
- the state of an account, indicating whether money is owed or owing, i.e. a debit or a credit balance
- in double-entry book-keeping, the amount required to make the debit and credit figures in the books equal each other
- the difference between the totals of the debit and credit entries in an account
Wiktionary Definition for: Balance
- A pair of scales.
- #(''uncountable'') equilibrium Equilibrium in movement.
- #(''uncountable'') support Support for both viewpoints, substances etc or neither; neutrality.
- A list accounting for the debits on one side, and for the credits on the other
- # transitive to make (items) weigh up.
- # transitive (''figurative'') to make (concepts) agree.
- # transitive to hold (an object or objects) precariously.
- # transitive to make the credits and debits of (an account) correspond.
- # intransitive to be in equilibrium.
- # intransitive to have matching credits and debits.
- #scales, balance
- #''first- and third-person indicative and subjunctive present tense of'' '''balancer'''
Additional Resources
- Income Statement And Trial Balance Do Not Match
- The net activity for each Income Statement account on the Trial Balance should equal the Actual Balance for each account on the Income Statement. If the balances on the Trial Balance and the Income Statement do not match, use the procedures listed below to correct the balances. On the Trial...
- White papers 2009-03-06
- Preparing a Balance Sheet
- The balance sheet is a financial statement produced periodically, normally at the end of a calendar or financial year, and normally within an annual report. It showcases the company by measuring its financial health. Its production is a legal requirement in most countries. It is usually greeted enthusiastically by stockholders...
- Articles 2007-07-16
- Work-Life Balance Key for Both Sexes, But Women Weigh It Differently
- There's no shortage of surveys showing that work-life balance is key to office morale. A survey conducted by Monster last month found that "only 29 percent of workers view their employer's work/life balance initiatives as good or excellent." It's a pretty low percentage and troubling as a survey out last...
- Blog posts 2007-12-10
- Balance-Sheets
- It has been found out that in any orgnisation Balance Sheet plays a very critical tole to determine the success of the organistion. But a very imporant question which arises is that what is a balance sheet? The balance sheet is a statement of your company's relative wealth or financial...
- White papers 2003-01-01
- Understanding Balance Sheets
- In order to make an informed investment decision, you should review a company's balance sheet. Let's look at what a balance sheet entails. The balance sheet is one of the most important financial statements of a company. It is reported to investors at least once per year. It may also...
- White papers 2003-01-01
- Trial Balance Worksheet
- Whatever kind of business you run, you have to close your books at least once a year to prepare an income tax return - or more frequently, if you want to get a better handle on how your business is doing. An important part of closing your books is preparing...
- Tools & templates 2004-03-01
- How to Get Closer to Work-Life Balance
- To some extent, the slowing economy has affected my bottom line, as I'm sure it's done to plenty of other people out there. But as my workload lightens a bit, along with my income, a silver lining of sorts has appeared. I've found that I've been able...
- Blog posts 2008-11-12
- Analyzing Company Reports: Understanding Balance Sheets
- In this section, we learn the importance of balance sheets to you as an investor. It covers what they represent, how to understand them and how they are presented. We will also provide some useful equations and an example of a balance sheet. In order to make an informed investment...
- White papers 1999-01-01
- Debt-Related Vulnerabilities and Financial Crises - An Application of the Balance Sheet Approach to Emerging Market Countries
- This paper responds to calls by the IMFC and the Executive Board to take forward the Fund's work on debt-related vulnerabilities and balance sheet risks. The paper has three major tasks: it provides an overview of salient balance sheet developments in emerging market economies over the last decade; it demonstrates...
- White papers 2004-07-01
- The Impact of Trade Liberalisation on the Trade Balance, the Balance of Payments and Economic Growth: The Case of Mexico
- This paper examines the impact of trade liberalisation on the trade balance and balance of payments in Mexico. Two events are identified as being important in this regard. The first one is when trade liberalisation started in a serious way in 1985 and Mexico became a member of GATT in...
- White papers 2003-09-11
- Balance Sheet Template
- A balance sheet is a financial "Snapshot" of your business at a given date in time. It includes your assets and liabilities and tells you your business's net worth. You've probably seen a formal balance sheet for other businesses, or have paid an accountant to do one for yours. If...
- Tools & templates 2004-03-01
- New Balance ad pricks rivals' Achilles heel. (New Balance Athletic Shoe Inc.)
- Officials of New Balance Athletic Shoe Inc decided not to go into retailing despite announcements from its two rival athletic footwear companies Nike Inc and Reebok Brands to the contrary. New Balance's move was welcomed by athletic shoe stores and retailOfficials of New Balance Athletic Shoe Inc decided not to...
- Research articles 1992-11-30
- Three Strategies for Better Work-Life Balance
- Three Strategies for Better Work-Life BalanceRE: Three Strategies for Better Work-Life BalanceHaving a prayerful life will help you achieve this balance. try out http://www.sacredspace.ie/RE: Three Strategies for Better Work-Life Balancethe less possessions you have, the less stress you have and the more time you gain. :)Strategies for Better Work-Life BalanceA...
- Discussion threads 2008-09-19
- Cash balance plans
- CASH BALANCE PLANS are defined benefit plans, with the benefit defined to mimic an account balance in a defined contribution plan. Cash balance plans are rapidly replacing the traditional defined benefit DB pension plans that were once the mainstay retirement vehicles of larger companies. As the number...
- Research articles 1999-09-01
- India Private Banks' Contingent Liabilities: Losing the Balance?
- Donald Francis submits: A recent RBI Reserve Bank of India Report shows that India private banks continued to expand their contingent liabilities, or off-balance sheet exposures, in line with the trend seen in recent years. Contingent liabilities of banks in India increased nearly 88.44% to Rs. 144.3 trillion in 2007-08...
- External links 2009-04-07
- NEW BALANCE TO OFFER OUTERWEAR.(New Balance Athletic Shoe Inc. signs agreement with The Levy Group)(Brief Article)
- Byline: Brenda Lloyd ATLANTA -- New Balance Athletic Shoe Inc. is expanding into men's and women's performance and lifestyle outerwear through a licensing agreement with New York City-based The Levy Group Inc. The New Balance Outerwear Collection, which...
- Research articles 2005-09-26
- The Balance Sheet: What Does It Mean?
- The purpose of a Balance Sheet is to report the financial position of a company at a certain point in time. It is divided into two columns. The first lists what the company owns assets on the left. The second shows what the company owes liabilities and net worth on...
- White papers 2003-01-01
- How to Read a Balance Sheet
- The article includes the information like Publicly traded companies are designed to make money. The conventional way of scoring this pursuit is by looking at the company's ability to grow various flavors of earnings. A company's real earnings are the earnings that make it from the Consolidated Statement of Earnings...
- White papers 2003-01-01
- Off Balance Sheet Corporate Finance with Synthetic Leases : Shortcomings and How to Avoid Them with Synthetic Debt
- Synthetic leases provide corporations with off-balance-sheet finance for acquisition of tangible assets. The financings are less efficient for financial planning purposes than conventional on-balance- sheet debt. The inefficiencies can be avoided by replacing synthetic leases with synthetic debt. Synthetic debt finance transforms lease obligations into the investment equivalent of senior...
- White papers 2001-01-01
- MD&A Disclosure on Off-Balance Sheet Arrangements and Aggregate Contractual Obligations
- On January 22, 2003, the SEC adopted final rules under the Sarbanes-Oxley Act relating to the disclosure of off-balance sheet arrangements and known contractual obligations. The new rules amend requirements for management discussion and analysis disclosures in registration statements, periodic reports and proxy or information statements that are required to...
- White papers 2003-03-12
