English
Detailed Synonyms for offsetting balance in English
offsetting balance:
offsetting balance [the ~] noun
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the offsetting 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 1the 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