compensating balance

American  

[kom-puhn-sey-ting bal-uhns] / ˈkɒm pənˌseɪ tɪŋ ˈbæl əns /

noun

1. Also compensated balance, compensation balance. a balance wheel in a timepiece, designed to compensate for variations in tension in the hair spring caused by changes in temperature.

2. Banking.  a deposit balance that is required to be left on deposit by a company to maintain or guarantee credit.

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Etymology

Origin of compensating balance

First recorded in 1795–1805

Example Sentences

Also to Charles V. Woerd, mechanical superintendent of the American Watch Company, Waltham, Mass., U. S. A., a first-class award for his new mode of compensating balances.

From Project Gutenberg

But I am defeated utterly by the man who talks about escapements, compensating balances and clutches.

From Project Gutenberg

Thus, the compensating balances of life and death, right and wrong, forever tip the beam of justice.

From Project Gutenberg

Except for the fact that he had tried to do right, he could see no compensating balance.

From Project Gutenberg

To lessen this shock, a compensating balance was designed, but which is not now in use.

From Project Gutenberg