 compensating_balance |
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| 1. | [ 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 | |
| Synonyms: | offsetting_balance | |
| Examples: | "the compensating balance increases the effective interest rate to the ba |
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| Related terms: | balance | |
| Similar spelling: |
compensatory_time compensatory_spending |
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