Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

  

English definition of “clean balance sheet”

clean balance sheet

noun [C]     FINANCE
if a company has a clean balance sheet, it has very little or no debt: When interest rates rise, companies that don't have clean balance sheets face higher borrowing costs.
(Definition of clean balance sheet noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of clean balance sheet

Word of the Day

limber up

to do gentle exercises to stretch the muscles in order to prepare the body for more active physical exercise

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More