Search Result:offsetting balance
Overview of noun offsetting_balance
The noun offsetting balance has 1 sense
- compensating balance, offsetting balance -- (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")