bilanzieren

to draw up a balance sheet

verb bi-lan-TSEE-ren Rare

Origin: from Italian 'bilancia' (scales)

Also means

to account for

Usage Note

bilanzieren means to record assets and liabilities in a balance sheet. Companies bilanzieren annually according to HGB or IFRS rules. It also means figuratively to take stock of a situation.

Examples

"Das Unternehmen bilanziert nach internationalen Standards."

Natural Translation

The company draws up its balance sheet according to international standards.

Literal Translation

The company balance-sheets according-to international standards.

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