Off-Balance Sheet (OBS)

Off-Balance Sheet (OBS),

What is The Definition of Off-Balance Sheet (OBS)?

  • Off-Balance Sheet (OBS) means: Off-balance sheet item (OBS) is a term used to describe assets or liabilities that are not listed on a company's balance sheet. Even if they are not on the balance sheet, they are still the company's assets and liabilities. Items off the balance sheet are usually items that do not belong to the company or represent the company's direct responsibilities. For example, when a loan is secured and sold as an investment, the secured loan is usually written off from bank books. Prior to the change in accounting rules, which included the important responsibility of operating lease in the balance sheet, operating leases were the most unbalanced.

    • Off-balance sheet items (OBS) is an accounting practice in which the company does not include any liabilities in its balance sheet.
    • Although they are not listed on the balance sheet, these items are still the company's assets and liabilities.
    • Items in the balance sheet can be used to reduce debt and benefit ratio, allow cheaper loans and avoid breach of contract.
    • The practice of off-balance sheet financing has been scrutinized following the exposure of piracy in connection with accounting scandals.

Literal Meanings of Off-Balance Sheet (OBS)


Meanings of Off:
  1. Move away from the desired location in a certain direction or distance.

  2. Remove or separate

  3. Start a journey or start a career.

  4. Come back or be bullied.

  5. (Power tool or power supply) breakdown or stop working.

  6. Access or possession of material goods or assets to a certain extent.

  7. Get down as fast as you can.

  8. Locating or traveling in a direction from (main road or intersection)

  9. To remove or separate from

  10. Feelings of poor performance or unsatisfactory or inadequate performance.

  11. (Food) is not fresh anymore.

  12. Located on the side of the vehicle, usually off the road.

  13. Anger or unfairness.

Sentences of Off
  1. The man ran away

  2. Take off his coat

  3. The gunmen walked away

  4. The Christmas party ended a very successful year

  5. Turn off the TV

  6. Are we bad enough to sell?

  7. Wrapped in bed

Synonyms of Off

unfair, rancid, unreasonable, from here, unwarranted, unnecessary, mouldy, unacceptable, unjust, putrescent, from there, putrid, turned, unjustified, unsatisfactory, inequitable, uncalled for, stale, spoiled, to a distance, unjustifiable, away, below the belt


Meanings of Balance:
  1. Even the distribution of weight allows someone or something to stand and stand.

  2. A condition in which different elements are the same or in the right proportions.

  3. The current invention relates to weight-bearing resources, especially with a focal point, a beam and a scale.

  4. Opposite weight or strength.

  5. Dominant weight or quantity.

  6. A number that shows the difference between credit and debit in an account, the amount of money deposited in the account.

  7. Keep something in a stable position to prevent it from falling.

  8. Change or compare values ​​(one thing) with another.

Sentences of Balance
  1. He lost his balance before he fell

  2. Try to strike a balance between work and rest

  3. The atomic weight of an element that chemists can weigh with scales and scales depends on the number of protons and neutrons, which have about the same amount.

  4. Allow the centrifugal force to temporarily move both ends of the skate to the left side of the curve.

  5. The bottom line is that work is more important than leisure

  6. Achieved a healthy balance in the Spark case

  7. The cup he threw on his knee

  8. The costs of obtaining this information should be compared to the benefits.

  9. The law requires the board to strike a balance in its books each year

Synonyms of Balance

consider, weigh up, set against, equipoise, compare, footing, steady, counterweight, recompense, steadiness, differentiate, evaluate, egalitarianism, appraise, weigh against, equal opportunity, scale, counterbalance, equilibrium, compensation, stabilizer, balance, weigh, weighing machine, set side by side, stabilize, contrast, impartiality, justice, stability


Meanings of Sheet:
  1. A large rectangular piece of cotton or other cloth used to cover the mattress on the bed when used.

  2. A rectangular piece of paper, specifically a standard size of paper that was made commercially, was used for writing and hiding.

  3. Large, flat materials, such as metal or glass.

  4. A large obstacle level of something.

  5. Cover or wrap one or more sheets of paper.

  6. (Rain) fell heavily.

  7. A strip attached to the bottom corner of the screen to secure or extend or change its direction.

  8. The bow or stern of the ship is open.

Sentences of Sheet
  1. Children make blankets and sleeping blankets, sheets and blankets.

  2. An unmarked sheet of paper

  3. The small tube was made of a flat sheet of brass

  4. Ice plate

  5. We cover the narrow bed

  6. Avoid the rain

  7. Instantly, the three of us learned to bend, pull back, and bend the corners and turn (this is the thread that stays on the screen).

  8. Also, see how it passes through the wax

Synonyms of Sheet

folio, bed linen, piece of paper, leaf, stratum, piece, panel, pane, layer, plate, linen, bedclothes, page


Meanings of OBS:
  1. The main river in the lowlands of western Siberia and one of the largest rivers in Russia. It rises in the Altai Mountains and typically flows 5,410 km north and west before reaching the Obi Bay (or Obi Bay), which is part of the Pacific Ocean and enters the Black Sea.

  2. External distribution