Definition of statement

1. formal document presenting the financial condition and operating performance of an enterprise. These include the income statement, balance sheet, and statement of changes in financial position. Also included may be documents for internal use such as performance appraisals, budgets, and so on.
2. summary statement documenting terms, conditions, or status of an account. An example is a statement of retail credit account status.
3. verbal utterance or proposition.

detailed record of a customer's account, listing debits, credits, transfers between related accounts, and service charges during the preceding month. Achecking account statement lists checks by the date paid, bank teller deposits, and electronic deposits (for example, a payroll direct deposit); Automated Teller Machine withdrawals and deposits; preauthorized debits (for example, a loan payment automatically deducted each month); and the beginning and end-of-month account balance. A descriptive statement lists the payee's name next to each account entry, for example, the merchant name in a bank credit card statement. A combined statement lists account balances in related accounts, for example, checking and savings accounts that are maintained under a single account number.

1. summary for customers of the transactions that occurred over the preceding month (or other period). For example, a bank statement lists all deposits and withdrawals, as well as the running account balances.
2. document drawn up by businesses to show the status of their assets and liabilities and the results of their operations as of a certain date. See also financial statement.
3. in a computer program, instructions that make up one unit of theprogram. Each line of the program is a statement.

a single instruction in a computer programming language. One statement may consist of several operations, such as X = Y+Z/W (a division, an addition, and an assignment).

1. summary for customers of the transactions that occurred over the preceding month. A bank statement lists all deposits and withdrawals, as well as the running account balances. Abrokerage statement shows all stock, bond, commodity futures, or options trades, interest and dividends received, margin debt outstanding, and other transactions, as well as a summary of the worth of the accounts at month end. A trade supplier provides a summary of open account transactions. See also asset management account.
2. statement drawn up by businesses to show the status of their assets and liabilities and the results of their operations as of a certain date. See also financial statement.

1. summary document outlining the status of an open credit account showing amounts due and paid. The term is commonly used interchangeably with " invoice" or "bill" by direct marketers.
2. see ABC statement.