Examlex
Slow-K and calcium gluconate are examples of which of the following?
Cash Equivalent
Short-term, highly liquid investments that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value.
Compensating Balance
A minimum bank account balance that a borrower agrees to maintain as a condition for obtaining a loan, often used to offset the bank's credit risk.
Legal Restrictions
Regulations or limitations prescribed by law that affect the actions of individuals, businesses, or governments.
Compensating Balance
A compensating balance is a minimum account balance that a borrower agrees to maintain in an account with a lender as part of a loan agreement.
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