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Synonyms for "compensating balance" in English

Summary

English Synonyms: more detail...

compensating balance:
- offsetting balance; compensating balance

English

Detailed Synonyms for compensating balance in English

compensating balance:

compensating balance [the ~] nom

the 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 ¹
the offsetting balance; the 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 ¹
- offsetting balance [the ~] nom
- compensating balance [the ~] nom
  - the compensating balance increases the effective interest rate to the bank since the net amount loaned is reduced but the interest paid is unchanged¹

Alternate Synonyms for "compensating balance":

offsetting balance; balance

Related Definitions for "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 bank¹
- the compensating balance increases the effective interest rate to the bank since the net amount loaned is reduced but the interest paid is unchanged¹

Related Synonyms for compensating balance

¹WordNet 3.0 Copyright 2006 by Princeton University