Looking for the meaning or definition of the word offsetting balance? That's all it means.
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"
Welcome to howtosay.co.in – your online linguistic companion. Our platform is designed to assist you in discovering the right words and pronunciations effortlessly. Whether you're learning a new language, improving your communication skills, or exploring the world of linguistics, our tools provide you with accurate translations, clear pronunciations, and useful language resources. Join us on a journey of linguistic exploration and empowerment, where every word is just a click away.