Definitions for offsetting balance

This page provides all possible meanings and translations of the word offsetting balance

Princeton's WordNet

  1. compensating balance, offsetting balance(noun)

    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"

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"offsetting balance." Definitions.net. STANDS4 LLC, 2014. Web. 30 Aug. 2014. <http://www.definitions.net/definition/offsetting balance>.

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