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"
The numerical value of offsetting balance in Chaldean Numerology is: 5
The numerical value of offsetting balance in Pythagorean Numerology is: 6
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Translations for offsetting balance
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- компенсирующей балансRussian
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"offsetting balance." Definitions.net. STANDS4 LLC, 2017. Web. 25 Sep. 2017. <http://www.definitions.net/definition/offsetting balance>.