Betekenis van:
offsetting balance
offsetting balance
Zelfstandig naamwoord
- 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
Synoniemen
Hyperoniemen
Voorbeeldzinnen
- Inclusion of interest accrued is required for the financial account of the quarterly balance of payments and the international investment position; in the monthly balance of payments the same treatment is encouraged; these recordings in the quarterly (and monthly) financial account need to have offsetting entries in the respective income account.