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compensating balance

n.
1.a minimum credit balance that a bank may require a borrower to keep on deposit as a condition for granting a loan

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  • Idiom of the Day

    sit in on (something)
    to attend or participate in a meeting or similar gathering
    Our boss sat in on our meeting so that he could learn what was happening.



    1.
    This paper is inferior ________ that.

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