Most of these comments are far from ELI5 answers.

At it’s heart this term just means keeping accurate and complete financial records. Typically this term would be used by a “bookkeeper”, or accountant, to describe the process of producing financial statements for a business at the end of any reporting period, e.g. a month or a year, and checking to ensure they’re correct.

In essence, they want to make sure all of the transactions for a period are recorded. When people used paper checks to make payments they would call this “balancing” a checkbook, making sure that a ledger, or list, of all the checks they’ve written corresponds to the balance in their account, or “book”.

The bank would not keep a detailed record of your transactions, e.g. who you’re paying with each check. A bank statement would only include a list of checks by check number, or numerical identifier. People would manually keep a record of all the checks they’ve written (who they paid and how much) and check it against their bank statement. That process, the verification, was referred to as “balancing”.

Accountants keep many lists, lists of sales made, lists of expenses, lists of payments made, lists of payments received, etc. They “balance” (verify) many “books” (accounts).

Oh, I see you just misunderstood what was being discussed. The question was “what does indicted mean?”. You decided to talk about a future indictment, which is strange given the context that a certain indictment actually occurred today and likely gave rise to the question.

Who said “will be indicted”? Are you ok?

>Nope. It means the person will be charged with a crime.

Nope. It means the person has been charged with a crime.

Both? And the LES was one of the worse neighborhoods south of Harlem.

My work laptop in about as locked down as you can get short of disabling the USB ports but a Logitech mouse with unifying receiver works just fine.