Examples of 'set-off' in a sentence
Meaning of "set-off"
Set-off (noun): Set-off is a legal or financial term referring to the right to deduct or counterbalance a debt, claim, or obligation against another related amount. In the context of law or finance, set-off allows parties to offset mutual debts or obligations, reducing the overall amount payable or receivable
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- That which is set off against another thing; an offset.
- That which is used to improve the appearance of anything; a decoration; an ornament.
- A counterclaim; a cross debt or demand; a distinct claim filed or set up by the defendant against the plaintiff's demand.
- An offset.
How to use "set-off" in a sentence
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set-off
Set-off and avoidance of multiple recovery.
Many behaviors are set-off or triggered by an event.
Therefore the buyer was entitled to set-off.
The set-off was not a fraudulent preference.
Agreement not to raise defences or rights of set-off.
A set-off can occur intradepartmentally as well as interdepartmentally.
Defences and rights of set-off of the debtor.
Raising claims for the purpose of set-off.
Exclusion of termination and set-off rights in resolution.
Netting and set-off in the context of financial transactions.
Conditions relating to set-off arrangements.
The set-off in contravention of the first paragraph is void.
In his teenage years he set-off on his own.
Set-off is made by a declaration of intention by one party to another.
Temporary stay of set-off and early termination rights.
See also
Some laws even treat netting as a category of set-off.
The law concerning set-off is not entirely clear.
A set-off account may be administered by the parties themselves or by a bank.
Basch accordingly effected a set-off by way of a declaration of intent.
The set-off image is the reverse of the printed image.
Declaration of refunded and set-off payments and tax.
The same applied to the question of admissibility of the set-off.
Related amounts not set-off on the consolidated balance sheet.
The table below gives an example of set-off measurement.
For set-off installation of the calculator a wall mount is also supplied.
Defences and rights of set-off of the debtor of the receivable.
A claim against which there is a defense may not be set-off.
It then examines whether set-off has been actually carried out.
Payment must take place without deduction and set-off.
Customer does not enjoy a right of set-off under any circumstances.
This set-off shall be regarded as equivalent to collection of the corresponding revenue.
Claims relied on for the purpose of a set-off and counterclaims.
No discount, set-off or allowance may be made unless expressly agreed in writing by us.
The next topic of discussion relates to set-off of translation differences.
Any set-off shall only be permitted after credit has been given.
You waive any right of set-off or deduction you may have.
A set-off which rests on a horizontal surface of the horizontal mounting beam.
The defendant pleaded a right of set-off on the ground of late delivery.
A raises claims under an asserted warranty either as counterclaims or by way of set-off.
In any case, no set-off procedure was ever properly communicated to the complainant.
The response may include indications of any counterclaim or claim of set-off.
I wonder what the chants were that set-off the festivities.
A raises claims under an asserted guarantee either as counterclaims or by way of set-off.
The uncertainty caused by set-off might be remedied through the use of subordination.
You are liable for expenses incurred if you set-off a smoke detector.
Conditions under which set-off can occur after commencement of insolvency proceedings ;.
Any remaining credit will then be available for set-off purposes.
The purpose of provision on netting and set-off in the context of financial transactions is,.
This porosity seems to be key to the possible ink set-off behaviour.
A set-off may operate as a defence in whole or part to a claim for a sum of money.
