Learn what a compensating balance is, how it can affect loan terms, its role in business borrowing, plus key examples and accounting rules.
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
This guide to compensating controls is excerpted from chapter 12 of PCI Compliance by Dr. Anton Chuvakin and Branden Williams (Syngress, 2009). For a full sample ...
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