compensating balance


Definition: Meaning of, compensating balance in English to English dictionary.

Pronunciation: / ˈbal(ə)ns /

  • noun
  • synonym
  • antonym
Word Forms:
Singular Plural
compensating balance compensating balances
  1. 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
    ANTONYM
    Not found!
synonym
antonym