statement of condition

Definition

A quantitative summary of a company's financial condition at a specific point in time, including assets, liabilities and net worth. The first part of a balance sheet shows all the productive assets a company owns, and the second part shows all the financing methods (such as liabilities and shareholders' equity). also called balance sheet.
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Statement of Changes in Net Assets Available for Pension Benefits statement of ERISA rights