Skip to main content

financial statement — A formal record of the financial activities and position of a business, person, or other entity

Part of speech: NOUN

Definition: A formal record of the financial activities and position of a business, person, or other entity

Pronunciation (IPA): /faɪˈnænʃəl ˈsteɪtmənt/

Example Sentences

  • The CEO's financial statement was so confusing, even his calculator asked for a vacation
  • Investors carefully analyze the company's financial statements before making decisions
  • The bank requires three years of financial statements for the loan application

financial statement

NOUN

[/faɪˈnænʃəl ˈsteɪtmənt/]

A formal record of the financial activities and position of a business, person, or other entity

a well-dressed business executive sits at a large conference table examining detailed financial documents spread across the surface. She points to specific numbers and charts on the papers while explaining to her colleagues. The documents show various graphs, tables, and numerical data representing company performance. Her presentation causes the other executives to lean forward and take notes on their own copies. a formal record of financial activities and position being reviewed and discussed
💡 Concept

a well-dressed business executive sits at a large conference table examining detailed financial documents spread across the surface. She points to specific numbers and charts on the papers while explaining to her colleagues. The documents show various graphs, tables, and numerical data representing company performance. Her presentation causes the other executives to lean forward and take notes on their own copies. a formal record of financial activities and position being reviewed and discussed

A clear financial statement leads to a solid agreement!
🎵 Rhyme

A clear financial statement leads to a solid agreement!

Got the picture? Now let's practice.

Start FreeDemo

🎤Pronunciation

🇺🇸 US/faɪˈnænʃəl ˈsteɪtmənt/
🇬🇧 UK/faɪˈnænʃəl ˈsteɪtmənt/

🌳Etymology

Rootfinance
Suffix--al

🎵Rhyme

statementtreatmentagreement
statement
treatment
agreement

🔗Collocations

annual financial statement
prepare financial statements
audited financial statement
consolidated financial statement
quarterly financial statement
review financial statements

📝Examples

😄 Fun example

“The CEO's financial statement was so confusing, even his calculator asked for a vacation”

“Investors carefully analyze the company's financial statements before making decisions”

“The bank requires three years of financial statements for the loan application”

😄 Fun example

“Her personal financial statement looked like a horror movie - all red numbers!”

📚Related Words

Synonyms

financial reportaccounting statementfinancial recordbalance sheet

Antonyms

financial secrecyundisclosed finances

Related

income statementcash flowauditaccountingbudget

Want to master 19,000+ words?

Sign up free for flashcards & quizzes.

Start for Free60s Demo