Compensating balances

 

 

 

Compensating balances

 

Accounting glossary

 

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Accounting

 

Definition of compensating balances

 

Compensating balances: Minimum cash balances required by a bank in support of bank loans

 

Source 1: http://college.vatc.edu.vn/attachments/article/152/Glossary%20-%20Accounting%201.doc

Source 2: http://college.vatc.edu.vn/attachments/article/152/Glossary%20-%20Accounting%202.doc

Web site link: http://college.vatc.edu.vn/

Author : not indicated on the source document of the above text

 

Accounting glossary

 

Accounting glossary index of terms

 

 

Definition and meaning of compensating balances

 

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Meaning of compensating balances

 

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What does compensating balances mean ?

 

 

 

 

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