De balans
Example: Hij controleert de balans van zijn bankrekening regelmatig.
Definition
"De balans" is a noun in Dutch referring to the financial statement that summarizes the assets, liabilities, and equity of an individual or organization at a specific point in time. It helps to check the financial position, as in the example sentence about regularly monitoring one's bank account balance.
Etymology
The Dutch term "de balans" originates from the Latin word 'bilancia', meaning 'a pair of scales'. Over time, it came to represent not only the physical scales used for weighing but also the figurative sense of financial accounting where assets and liabilities are weighed and balanced.
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"De balans" appears in the Vocaplus list "Dutch - General - (A2) - set 1", containing 125 commonly used words.
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