Analysis of off balance sheet assets and liabilities definition


Off balance sheet refers to items that are effectively assets or liabilities of a company but do not appear on the company's balance sheet. A bank balance sheet is a key way to draw conclusions regarding a bank’s business and the resources used to be able to finance lending. The volume of business of a bank is included in its balance sheet for both assets (lending) and liabilities (customer deposits or other financial instruments ... Off-Balance Sheet (OBS) Also known as Off-Balance sheet items, Off-Balance sheet assets or liabilities, and Incognito Leverage.They are either a liability or an asset which are not shown on a company’s balance sheet as the business is not a legal owner of the respective item.