Dictionary of Banking Terms: interim statement
interim statement
- Banking.A customer's checking account statement, dispensed by a self-service banking terminal, listing account debits and credits since the last regular account statement was mailed, and current collected balance. Also called mini statement or snapshot statement.
- Finance.A financial statement reporting activity for an accounting period less than an organization's fiscal year, for example, the quarterly 10Q report filed with the SEC.
Dictionary of Business Terms: interim statement
interim statement
financial report covering only a portion of a fiscal year. Public corporations supplement the annual report with quarterly statements informing shareholders of changes in the balance sheet and income statement, as well as other newsworthy developments. Interim statements usually are not as detailed or as exact as annual statements.
Dictionary of Finance and Investment Terms: interim statement
interim statement
financial report covering only a portion of a fiscal year. Public corporations supplement the annual report with quarterly statements informing shareholders of changes in the balance sheet and income statement, as well as other newsworthy developments.
