compensating balance
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compensating balance Definition
(n)
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
ban
compensating balance Synonyms
compensating balance
offsetting balance
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