Meaning of the word "financial report" in English

What does "financial report" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

financial report

US /faɪˈnænʃəl rɪˈpɔːrt/
UK /faɪˈnænʃəl rɪˈpɔːt/

Noun

a formal record of the financial activities and position of a business, person, or other entity

Example:
The company released its annual financial report yesterday.
Investors carefully reviewed the quarterly financial report.