This is not a dictionary! - Search for "compensating balance" in The Danish Dictionary
February 27. 2016 from wordnet.princeton.edu
compensating balance — noun — english
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"
English · Dansk · Sign up · About OnlineObjects · Terms and privacy policy