By Letter: Non-alphabet | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
  Email this page to a friend

COMPENSATING BALANCE





Definition:

  1. [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"
    Synonyms: offsetting balance

Synonyms:






Web Standards & Support:

Link to and support eLook.org Powered by LoadedWeb Web Hosting
Valid XHTML 1.0!Valid CSS!eLook.org FireFox Extensions