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"
Translations for offsetting balance
From our Multilingual Translation Dictionary
- компенсирующей балансRussian
Get even more translations for offsetting balance »
Find a translation for the offsetting balance definition in other languages:
Select another language:
Discuss these offsetting balance definitions with the community:
Word of the Day
Would you like us to send you a FREE new word definition delivered to your inbox daily?
Use the citation below to add this definition to your bibliography:
"offsetting balance." Definitions.net. STANDS4 LLC, 2016. Web. 14 Feb. 2016. <http://www.definitions.net/definition/offsetting balance>.