Synonyms for compensating-balance
WordNet 3.0 Copyright © 2006 by Princeton University.
All rights reserved.
- 1. compensating balance, offsetting balance, balance
- usage: 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"