Definitions from WordNet (compensating 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")
▸ Also see compensating_balance
▸ Words similar to compensating balances
▸ Usage examples for compensating balances
▸ Idioms related to compensating balances
▸ Wikipedia articles (New!)
▸ Words that often appear near compensating balances
▸ Rhymes of compensating balances
▸ Invented words related to compensating balances
▸ 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")
▸ Also see compensating_balance
▸ Words similar to compensating balances
▸ Usage examples for compensating balances
▸ Idioms related to compensating balances
▸ Wikipedia articles (New!)
▸ Words that often appear near compensating balances
▸ Rhymes of compensating balances
▸ Invented words related to compensating balances