How to pronounce offsetting balance

Offsetting Balance

Pronounce Offsetting Balance as OW F F S EH T T IY N G B AH L AH N K EH.

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Phonetic transcription for offsetting balance

Traditional IPA Phonetic transcription of offsetting balance: | oʊffsɛttɪnɡ bælænkɛ |
Modern IPA Phonetic transcription of offsetting balance: | ɒffsɛttɪnɡ bælæncɛ |

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Meanings for offsetting balance

compensating balance, offsetting 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 rate to the bank since the net amount loaned is reduced but the interest paid is unchanged"

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Example Sentences of offsetting balance

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Synonyms for offsetting balance

compensating balance

Antonyms for offsetting balance

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