Canadian English Meaning of compensating balance
Compensating balance
Other Canadian English words related to Compensating balance
No Synonyms and anytonyms found
Nearest Words of compensating balance
- compensation => compensation
- compensatory => compensatory
- compensatory damages => Compensatory damages
- compensatory spending => compensatory spending
- compensatory time => compensatory time
- compere => compere
- compete => compete
- competence => competence
- competence hearing => competency hearing
- competency => competence
Definitions and Meaning of compensating balance in English
compensating balance (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
FAQs About the word compensating balance
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
No synonyms found.
No antonyms found.
compensated => compensated, compensate => Compensate, compensable => compensable, compendium => compendium, compendious => comprehensive,
