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 from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of clean balance sheet?
Add Cambridge dictionaries to your browser to your website

Word of the Day

hyphen

the symbol -, used to join two words together, or to show that a word has been divided into two parts at the end of one line and the beginning of the next

Word of the Day

Lies, lies, lies!

by Kate Woodford,
February 25, 2015
​​​ According to sociologists (=people who study the relationships between people living in groups), we are good at lying. As a species, we have developed a remarkable ability to deceive each other (= persuade each other that something false is true). Being able to say things that are not true can help with

Read More 

snapchat verb

March 02, 2015
to send someone a message using the photomessaging application Snapchat We used to have a thing until he got a girlfriend. now

Read More