What is the meaning of off-balance-sheet?
Off-balance sheet (OBS) items is a term for assets or liabilities that do not appear on a company’s balance sheet. Although not recorded on the balance sheet, they are still assets and liabilities of the company. Off-balance sheet items are typically those not owned by or are a direct obligation of the company.
What are examples of off-balance-sheet items?
Off-balance sheet activities include items such as loan commitments, letters of credit, and revolving underwriting facilities.
What is the difference between on balance sheet financing and off balance sheet financing?
(On) Balance sheet items are considered assets or liabilities of a company, and can affect the financial overview of the business. Off-balance sheet items, however, are not considered assets or liabilities as they are owned or claimed by an external source, and do not affect the financial position of the business.
What is the meaning of off-balance?
Definition of off-balance 1 : not well proportioned : out of balance the plans are off-balance their military is off-balance. 2 : not standing, sitting, or resting in normal physical equilibrium caught off-balance and knocked down— Jack Dempsey.
Where are off balance sheet items reported?
Financial institutions may report off-balance sheet items in their accounting statements formally, and may also refer to “assets under management”, a figure that may include on and off-balance sheet items.
What is another word for off balance?
In this page you can discover 9 synonyms, antonyms, idiomatic expressions, and related words for off-balance, like: out-of-shape, lopsided, unsteady, uneven, off-track, on-balance, beta-pleated, Formerton and off-course.
What is the meaning of off balance?
What does Lopsidedly mean?
1 : leaning to one side. 2 : lacking in balance, symmetry, or proportion : disproportionately heavy on one side a lopsided vote of 99–1.
What does Pauperisation mean?
the act of making someone poor
Definitions of pauperisation. the act of making someone poor. synonyms: impoverishment, pauperization. type of: deprivation, privation. act of depriving someone of food or money or rights.
What is the definition of unsymmetrical?
Definition of ‘unsymmetrical’ 1. not symmetrical; lacking symmetry; misproportioned. 2.
What is the meaning of Chaplin?
1 : a clergyman in charge of a chapel. 2 : a clergyman officially attached to a branch of the military, to an institution, or to a family or court. 3 : a person chosen to conduct religious exercises (as at a meeting of a club or society) 4 : a clergyman appointed to assist a bishop (as at a liturgical function)
What is symmetrical and unsymmetrical?
A symmetrical fault is a fault where all phases are affected so that the system remains balanced. A three-phase fault is a symmetrical fault. The other three fault types (line to ground, line to line, and two- line to ground) are called unsymmetrical or asymmetrical faults.