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"
Find a translation for the offsetting balance definition in other languages:
Select another language:
Use the citation below to add this definition to your bibliography:
"offsetting balance." Definitions.net. STANDS4 LLC, 2013. Web. 11 Dec. 2013. <http://www.definitions.net/definition/offsetting balance>.