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Hasil cari dari kata atau frase: offsetting balance (0.00832 detik)
Found 1 items, similar to offsetting balance.
English → English (WordNet)
Definition: offsetting balance
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
]
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