Meaning of balance the sheets | Babel Free

Definitions

To improve the financial state of an organization or individual so they are no longer operating at a loss.

Examples

“Both deficit reduction and systemic reform⟳, you see⟳, require⟳ identifying "losers" — those who must give⟳ up something to balance the sheets.”

“This is reduced to turning the screw on the workers in search⟳ of what is described as higher productivity and sustaining foreign competition, but what amounts to increasing the wealth of the capitalist class, overaccumulation of capital, economic crises and a need⟳ to turn⟳ the screw even more to 'balance the sheets', which according to Marx cannot be balanced.”

“Now you're asking us to become⟳ commercial, to look⟳ at the cost-benefits and all that sort⟳ of thing - to balance the sheets, and that's not what we're here for, that's not where our mentality lies.”

CEFR level