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Search Result:offsetting balance

offsetting balance   (TTS Sound)

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")