HomeDefinitionsCompareDebt Statement of conditionThe financial definition for Statement of condition:A document describing the status of assets, liabilities, and equity of a person or business at a particular time. Similar MatchesAccount statementAccount statementIn the context of banking, refers to a summary of all balances. In the context of securities, a summary of all transactions and positions (long and short) between a broke../../finance-glossary/dealer and a client. See also: Option agreement. Combined financial statementCombined financial statementA financial statement that merges the assets, liabilities, net worth, and operating figures of two or more affiliated companies. A combined statement is distinguished from a consolidated financial statement of a company and subsidiaries, which must reconcile investment and capital accounts. Consolidated financial statementConsolidated financial statementA financial statement that shows all the assets, liabilities, and operating accounts of a parent company and its subsidiaries. Further SuggestionsIncome statement (statement of operations)Notes to the financial statements Offering statement Official statement Percentage financial statement Pro forma statement Purpose statement Click to compare definitions of Statement of condition Click to view definitions beginning st |