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Hasil cari dari kata atau frase: offsetting balance (0.01260 detik)
Found 1 items, similar to offsetting balance.
English → English
Definition: offsetting balance
n : a minimum credit balance that a bank may require a borrower
to keep on deposit as a condition for granting a loan; a
common requirement for establishing a line of credit at a
bank; “the compensating balance increases the effective
interest rate to the bank since the net amount loaned is
reduced but the interest paid is unchanged”
[syn: compensating balance