De balans
Example: Het is belangrijk om de balans van je uitgaven te controleren.
Definition
"De balans" refers to the financial statement that summarizes a company's assets, liabilities, and equity at a specific point in time. It provides a snapshot of the financial position, helping to assess the overall stability and financial health of a business or individual.
Etymology
The term "de balans" comes from the Dutch word for balance or scales, reflecting the concept of weighing financial elements against each other. It originates from the Latin word 'bilanx', meaning having two scales, symbolizing the equal weighing of assets and liabilities in accounting.
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"De balans" appears in the Vocaplus list "Dutch - Finance - (A1-C2) - set 1", containing 150 commonly used words.
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