Definition of set-off in the Legal Dictionary - by Free online English dictionary and encyclopedia. What is set-off? Meaning of set-off as a legal term. What does set-off mean in law?
Define 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
Definition of setoff in the Legal Dictionary - by Free online English dictionary and encyclopedia. What is setoff? Meaning of setoff as a legal term. What does setoff mean in law?
Set-offmeans set-off, offset, combination of accounts, right of retention or withholding or similar right or requirement to which the payer of an amount under Section 6 is entitled or subject (whether arising under this Agreement, another contract, applicable law or otherwise) that is exercised...
Definition:Set-Off; Etc Contract Type Jurisdiction Country Include Keywords Exclude Keywords Additional filters are available in search Open Search Use ofSet-Off; Etcin a Clause Set-Off; Etc. You herebyacknowledge and agree, without limiting therights of the Companyotherwiseavailable atlaw or in eq...
In these proceedings, set-off is frequently the tool relied upon to resist a claim. At the same time, the legal intricacies make it hard to use. The first part of the book provides a survey of set-off, including its definition, significance and functions. The second part offers a ...
Setoff 1. The ability of a debtor to reduce the amount of one's debt by an amount the creditor owes to the debtor. Thus, if a debtor owes a creditor $20,000 but the creditor owes the debtor $5,000 in an unrelated matter, setoff allows the debtor effectively to owe only $15,000...
In these proceedings, set-off is frequently the tool relied upon to resist a claim. At the same time, the legal intricacies make it hard to use. The first part of the book provides a survey of set-off, including its definition, significance and functions. The second part offers a ...
They're marrying into English-speaking families and in this case, her big reason for learning English is to be able to genuinely connect with her new daughter-in-law, her new son-in-law with ease, to meet their friends and their family. Now these are all huge reasons why someone would ...
Implied contract terms are by definition not explicitly agreed to by the contracting parties when they enter into a contract. So how do they get incorporated into a contract? Contract terms can be implied in a number of ways. Customary business practice, common law precedent, and statutory law...