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