单词 | off-balance-sheet |
释义 | off-balance-sheet off-balance-sheet adjective [only before noun]
(Accounting ) used to refer to items that a company does not show on its balance sheet (= the document that shows a company's financial state): The company has revealed $2.3 bn in off-balance sheet debts. He was asked what he knew of the company's off-balance sheet activities. NOTE Off-balance-sheet accounting is sometimes used as a way of hiding a company's problems or dishonest actions. |
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