A compensating balance Compensates a financial institution for services rendered by providing it with deposits of funds.
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Compensates a financial institution for services rendered by providing it with deposits of funds.
Is used to compensate for possible losses on a marketable securities portfolio.
Is a level of inventory held to compensate for variations in usage rate and lead time.
Is the amount of prepaid interest on a loan.
Related Book For
Governmental and Nonprofit Accounting
ISBN: 978-0132751261
10th edition
Authors: Robert Freeman, Craig Shoulders, Gregory Allison, Robert Smi
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