Off-balance-sheet
AccountingAn obligation or asset not recognised on the balance sheet itself.
In plain terms
Where the largest risks often sit, precisely because ratios never see them.
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 1 term
An obligation or asset not recognised on the balance sheet itself.
Where the largest risks often sit, precisely because ratios never see them.