What does offsetting balance mean?

Definitions for offsetting balance

Here are all the 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"


  1. Chaldean Numerology

    The numerical value of offsetting balance in Chaldean Numerology is: 5

  2. Pythagorean Numerology

    The numerical value of offsetting balance in Pythagorean Numerology is: 6

Images & Illustrations of offsetting balance

  1. offsetting balance

Translations for offsetting balance

From our Multilingual Translation Dictionary

  • компенсирующей балансRussian

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"offsetting balance." Definitions.net. STANDS4 LLC, 2018. Web. 18 Feb. 2018. <https://www.definitions.net/definition/offsetting balance>.

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