the compensating balance increases the effective interest rate to the bank since the net amount loaned is reduced but the interest paid is unchanged
Useful english dictionary. 2012.
Balance of payments accounts of Japan (1960–90) — In its balance of payments accounts, Japan has traditionally run a deficit in services. Trade in services includes transportation (freight and passenger fares), insurance, travel expenditures, royalties, licensing fees, and income from… … Wikipedia
balance of payments — the difference between a nation s total payments to foreign countries, including movements of capital and gold, investments, tourist spending, etc., and its total receipts from foreign countries. [1835 45] * * * Systematic record of all economic… … Universalium
Offsetting — Offset Off*set , v. t. [imp. & p. p. {Offset}; p. pr. & vb. n. {Offsetting}.] 1. To set off; to place over against; to balance; as, to offset one account or charge against another. [1913 Webster] 2. To form an offset in, as in a wall, rod, pipe,… … The Collaborative International Dictionary of English
offsetting — n. balance; compensation off·set || É”fset / É’f n. offshoot; outcome; compensation, counterbalance; printing method in which a printing plate transfers ink to a blanket which in turn transfers the ink to the paper (the plate does not directly… … English contemporary dictionary
compensating balance — noun 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… … Useful english dictionary
Goaltender — This article is about the position in ice hockey. For the similar position in field lacrosse, see Goaltender (field lacrosse). For similar positions in other sports, see goalkeeper. For the basketball foul, see goaltending. Goalie Roberto Luongo… … Wikipedia
same-day substitution — offsetting changes in a margin account during the day that result in no overall change in the balance of the account. Bloomberg Financial Dictionary … Financial and business terms
Stoozing — Stoozing, derived from the verb stooz, is a slang term used to describe the act of borrowing money at an interest rate of 0%, a rate typically offered by credit card companies as an incentive for new customers. The money is then placed in a high… … Wikipedia
Credit default swap — If the reference bond performs without default, the protection buyer pays quarterly payments to the seller until maturity … Wikipedia
Carbon offset — Part of a series on Green economics Concepts … Wikipedia
