This is the 491st most frequent Italian word.
bilancio
"Bilancio" means "budget" or "balance" in English, depending on context.
Here, 'bilancio' refers to a financial statement, specifically a balance sheet.
Il bilancio dell'azienda quest'anno mostra un aumento dei profitti.
The company's balance statement this year shows an increase in profits.
In this context, 'bilancio' is used metaphorically to indicate a review or assessment of past events.
Alla fine dell'anno, facciamo sempre un bilancio delle cose positive che sono successe.
At the end of the year, we always take stock of the positive things that happened.
In this usage, 'bilancio' denotes an evaluation or analysis of a situation.