Italian Word · Intermediate

bilancio

budget / balance sheet / assessment

Pronunciation: bi-LÀN-cio

Meaning

A financial statement that summarizes a company's assets, liabilities and owner's equity at a specific point in time, or a plan for saving and spending money.

Example

Dobbiamo approvare il bilancio annuale entro fine mese.

We need to approve the annual budget by the end of the month.

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