表外融资是指企业在资产负债表中未予以反映的融资行为，即该项融资在资产负债表中既不反映为资产的增加，也不反映为负债的增加。其实质是，企业通过各种协议等方式控制、使用了某项资产，或者与某项资产继续保持密切的联系而又不将相关的负债反映于资产负债表的行为。企业之 Off-balance sheet financing refers to the financing behavior that an enterprise does not reflect in its balance sheet, that is, the financing is neither reflected in the balance sheet as an increase in assets nor as an increase in liabilities. The essence is that enterprises control and use an asset through various agreements and other means, or continue to maintain close contact with an asset without reflecting the related liability on the balance sheet. Business