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Set off rights meaning

WebDefinition of set off set in motion or cause to begin; "The guide set the tour off to a good start" Anagrams of set off OFFSET SETOFF Thanks for visiting The Crossword Solver "set off". We've listed any clues from our database that match your search for "set off". There will also be a list of synonyms for your answer. Web6 Apr 2024 · Setoff definition: a thing that makes up for or sets off something else; counterbalance ; compensation Meaning, pronunciation, translations and examples

Set off financial definition of set off

Web18 Jun 2024 · Meaning of set off. The concept of set off, as stated hereinbefore, is a claim set up against the plaintiff which has the effect of reduction or discharge of a party’s debt or claim. In other words, it is a cross-claim which partly offsets the original claim. Webset off vi phrasal (begin a journey) (de viaje) salir⇒ vi : We'll have to set off very early to avoid the rush-hour traffic. Tendremos que salir muy temprano para evitar el tráfico de la … palawan resorts in the philippines https://catesconsulting.net

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WebA set-off contract is a contract that involves a set-off clause, which is a legal provision that allows a lender to seize a debtor's deposits if they default on a loan. In general, set-off clauses are used in loan agreements between lenders and borrowers. They may also be used in other areas of industry where there may be a risk of payment ... Web1 day ago · 1. (intransitive) to embark on a journey. 2. (transitive) to cause (a person) to act or do something, such as laugh or tell stories. 3. (transitive) to cause to explode. 4. … WebMeaning of Set-Off Clause. A set-off in law is used by a debtor to diminish the overall liability for a debt claimed by a creditor. A supplier claims £100 for services rendered. The customer claims that some of the work was defective. A value of £20 is attributed to the defects. The customer may have a set-off of £20 to diminish the overall ... palawan river cave

SET OFF crossword clue - All synonyms & answers

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Set off rights meaning

What it is a right of set-off - Freeths

WebSetoff definition, something that counterbalances or makes up for something else, as compensation for a loss. See more. Web22 Nov 2024 · Whether set-off is something that you want to include or exclude, a contractual provision that makes it clear to both parties when and how set-off will be …

Set off rights meaning

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WebSet-Off. A demand made by the defendant against the plaintiff that is based on some transaction or occurrence other than the one that gave the plaintiff grounds to sue. The … WebThe meaning of SET-OFF is the reduction or discharge of a debt by setting against it a claim in favor of the debtor; specifically : the reduction or discharge of a party's debt or claim by …

Web15 Nov 2024 · So, in other words, Set-Off refers t1o a claim against another claim of money or reciprocal acquittal of debts between two persons. It is a cross-claim between the parties of a money suit. Both the Plaintiff and the defendant are debtors and creditors to one another. Set-Off is considered an important tool of defense for the defendant. WebFind 1088 ways to say SET OFF, along with antonyms, related words, and example sentences at Thesaurus.com, the world's most trusted free thesaurus.

Web4 Oct 2024 · Set off. Set off in its simplest form is generally understood by legal practitioners and laypersons alike - it refers to the reduction or extinguishment of a claim by a co-existing counter-claim. ... Equally, use of the phrase "any set off" will be helpful as the cases show that the word "any" will be given its usual meaning and will preclude ... WebDefinition of set off phrasal verb from the Oxford Advanced Learner's Dictionary. set off phrasal verb. jump to other results set off. to begin a journey. We set off for London just after ten. ... Panic on the stock market set off a wave …

Webset sth off. phrasal verb with set verb uk / set / us setting set set. to cause an activity or event, often a series of events, to begin or happen: Cheap money set off a boom in …

WebDefine set off. set off synonyms, set off pronunciation, set off translation, English dictionary definition of set off. v. set , set·ting , sets v. tr. 1. To put in a specified position or arrangement; place: set a book on a table; set the photo next to the flowers. summer reading camp near meWebSynonyms for set off include leave, depart, embark, set out, hit the road, sally forth, set forth, start out, set sail and set forward. Find more similar words at wordhippo.com! palawan resorts packagesWeb24 Feb 2024 · The statutory rights definition can be defined as follows: A right that has been granted or conferred by law. To say “statutory right” refers to legislative text based on which a right or privilege is granted. We must oppose legislative rights from other rights derived in common law, equity, or other means such as policy or customs. palawan service chargeWebthe test for equitable set off. when you can set off one debt against another. setting off know your rights moneysavingexpert. set off idioms by the free dictionary. 05 05 2024 is there anything interesting about set off. set off practical law. right of set off sample clauses summer reading club nbplsWeb7 Nov 2016 · The son claimed both legal and equitable set-off rights. The court declined to permit set-off on either ground. In the case of legal set-off the son’s argument failed because the amount of his claim was uncertain. In the case of equitable set-off the son argued that the claims were closely connected because of the familial relationship. The ... palawan service feeWebIt is also known as the right to combine accounts. It is arguably of wider commercial application and could be available in any situation where one party has two or more … summerreadingchallenge co ukWebset off vi phrasal. (begin a journey) partir ⇒ vi. prendre la route loc v. se mettre en route loc v. We'll have to set off very early to avoid the rush-hour traffic. On devra partir très tôt pour … summer reading hcpl