die Bilanz
Translation
balance sheet, balance, result, record
Examples
Der Buchhalter erstellt die Bilanz.
The accountant prepares the balance sheet.
Die Firma zieht eine positive Bilanz.
The company draws a positive conclusion.
Grammar Patterns
eine Bilanz ziehen to draw a balance/conclusion The company draws a positive balance for the last year.
Similar Words
Synonyms: Ergebnis (result), Fazit (conclusion), Abrechnung (statement).
Etymology
From Italian 'bilancia' (scales, balance), from Latin 'bilanx' (having two scale pans).
Memory Tips
Think of a 'balance' scale used to weigh assets and liabilities for a financial 'balance sheet'.