statement of affairs

noun

A financial accounting, listing all assets and debts, that is used as part of a bankruptcy proceeding.

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Meanings

nounstatement of affairs (plural statements of affairs)

plural statements of affairs

  1. businessA financial accounting, listing all assets and debts, that is used as part of a bankruptcy proceeding.

Translations

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Cite this entry
APA

statement of affairs. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/statement%20of%20affairs

MLA

“statement of affairs.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/statement%20of%20affairs. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “statement of affairs,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/statement%20of%20affairs.

Source: statement of affairs on Wiktionary, CC BY-SA 4.0.