| 释义 |
Noun: compensating 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"
- offsetting balance
Derived forms: compensating balances Type of: balance |