Compensating deposit balances Compensating deposit balances is the required deposits a customer must keep with a bank as a condition for getting a loan.
Compensating Error A compensating error refers to a mistake or inaccuracy made while performing a task, where the error itself is an attempt to...
Compensating Balance A Compensating Balance is a set amount of money that borrowers hold in their joint bank accounts with the lender. It is the required minimum amount of funds...
Definition
[ p. pr. & vb. n.]