| Idioms for August |
1. Balance the books |
Meaning:
To check that all the money in a business is accounted for
Example:
The accountant spent several days trying to balance the books of his company. |
2. Bottom line |
Meaning:
The total, the final figure on a balance sheet, the results (of a business)
Example:
After we examined the bottom line of the company we decided not to invest in it. |
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3. Break even |
Meaning:
To have expenses equal to profits
example:
After three months the company was able to break even and begin to make a profit. |
4. Budget crunch / squeeze |
Meaning:
A situation where there is not enough money in the budget
example:
There is a severe budget squeeze at our company. |
5. Close the books |
Meaning:
To stop taking orders, to end a bookkeeping period
Example:
The company will close the books at the end of December. |