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balance sheet
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   Also found in: Legal, Financial, Encyclopedia, Wikipedia 0.01 sec.

balance sheet

Statement of the financial position of a company or individual at a point in time, showing current assets and fixed assets, and current liabilities and long-term liabilities. A balance sheet must always balance, that is the sum of all the assets must equal the sum of all the liabilities.



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? Mentioned in ? References in periodicals archive
 
The best groundwork for such advice is dynamic financial analysis of the client's asset and liability portfolios.
The most notable tool is dynamic financial analysis (DFA), which has the same underlying principles of ALM but addresses a wider range of risks to the business entity.
She is a frequent invited speaker at industry events, serves with the Casualty Actuarial Society as an educator and technical expert on ERM and dynamic financial analysis, and publishes extensively in both trade and academic journals.
 
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