Definitions for offsetting balance
This page provides all possible meanings and translations of the word offsetting balance
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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Translations for offsetting balance
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- компенсирующей балансRussian
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"offsetting balance." Definitions.net. STANDS4 LLC, 2015. Web. 24 Nov. 2015. <http://www.definitions.net/definition/offsetting balance>.