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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!

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🎤Pronunciation

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

🌳Etymology

Rootfinance
Suffix--al

Origin

Financial derives from Latin 'finis' (end, boundary), which evolved into Old French 'finance' (settlement of debt, revenue), combined with the suffix '-al' (relating to). Statement originates from Latin 'stare' (to stand), developing through Old French 'statement' to mean a formal assertion or declaration that stands firm.

Breakdown

financial: finance (from Latin finis, end/boundary, via Old French) + -al (adjective suffix meaning 'relating to'). statement: state (from Latin stare, to stand) + -ment (noun suffix indicating result or condition).

🎵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

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