balancestatement
nounUK /ˈbæləns ˌsteɪtmənt/
US /ˈbæləns ˌsteɪtmənt/
A balance statement is a list that shows how much money you have and how much you owe.
The bank sent a balance statement showing how much money is in my savings account.
RELATED WORDS
OTHER MEANINGS
2. A report showing the money coming in and going out of a business.
The company's balance statement showed a profit for the year.
3. A summary of what someone owns and what they owe.
She checked her balance statement to see if she could afford a new bike.
4. A printed or digital record from a bank listing recent transactions.
He looked at his balance statement to find the missing payment.