| slovo | definícia |
offsetting balance
(encz) | offsetting balance, n: |
offsetting balance
(wn) | offsetting balance
n 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; "the compensating balance increases the effective
interest rate to the bank since the net amount loaned is
reduced but the interest paid is unchanged" [syn:
compensating balance, offsetting balance] |
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