COMPENSATING BALANCES are the funds a business might be required to keep in a deposit or reserve account to help offset what the bank perceives as risk. The lender might require that an amount based on the business' average account balance or a certain percentage of the face value of the loan be maintained in a deposit account.
N as the fifth letter in a Nasdaq stock symbol indicates that the issue is the third class of preferred shares in the company.
CASH CONVERSION CYCLE see CASH CYCLE.
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