WebSET-OFF TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed. A counter-claim or cross-demand ; a claim or demand which the defendant in an action sets off against the claim of the plaintiff, as being his due, whereby he may extinguish the plaintiff’s demand, either in whole or in part according to the amount of the set-off. Web2 days 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. …
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WebIn law, set-off or netting are legal techniques applied between persons or businesses with mutual rights and liabilities, replacing gross positions with net positions. Web1 day ago · The set of someone's face or part of their body is the way that it is fixed in a particular expression or position, especially one that shows determination. Isabelle opened her mouth but stopped when she saw the set of his shoulders and the look in his eyes. [ + of] The set of her face can seem severe, even dour.
WebJun 20, 2024 · The meaning and the definition of set off are not given in the Civil Procedure Code and are deciphered from the Judicial Interpretation. In simple language, set off is a cross claim against the claim of the plaintiff. In Cool All Corporation vs. Miss. Jane A. Vaz, in this case, the plaintiff contended that the defendant had borrowed money from ... WebSet-off (law) In law, set-off or netting are legal techniques applied between persons or businesses with mutual rights and liabilities, replacing gross positions with net positions. …
WebSetoff 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. 2. In banking, the right of a bank to seize a debtor's account balance held ... WebSetoff definition, something that counterbalances or makes up for something else, as compensation for a loss. See more.
Web: something that is set off against another thing: a : decoration, ornament b : compensation, counterbalance 2 : the reduction or discharge of a debt or claim by setting against it a distinct claim in favor of the debtor or party who is the object of the first claim (as in a lawsuit) also : the offsetting claim itself 3 : offset sense 3b set off
Webset something off meaning: 1. to cause an activity or event, often a series of events, to begin or happen: 2. to cause a loud…. Learn more. motorcycle diaper cake picturesWebOff-set synonyms, Off-set pronunciation, Off-set translation, English dictionary definition of Off-set. n. 1. An agent, element, or thing that balances, counteracts, or compensates for something else. 2. One thing set off or developed from something else. motorcycle diaper cake suppliesWebDefinition 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 … motorcycle diaries rated rWebset off on [sth] vi phrasal + prep. (begin: a journey) salir hacia algo, salir para algo, partir hacia algo loc verb. empezar un viaje, comenzar un viaje loc verb. That morning, we set off on our trip to California. Esa mañana salimos para California. set off for [sth] vi phrasal + prep. (begin a journey) motorcycle diaries movie free downloadWebJul 6, 2024 · Set-off is a common law right allowing parties (each of which being both a creditor and a debtor) that have debts owing to each other to set them off. Where the right of set-off is applicable, the parties can net their payment obligations, and, as a result, will be liable to pay the remaining balance only. motorcycle diaries book onlineWebSynonyms for SET: sit, lay, spawn, hatch, brood, incubate, choose, pick; Antonyms of SET: stand, rise, arise, get up, curve, deflect, avert, divert motorcycle diaper cakes directionsWebof, noting, or pertaining to an offset. Lithography. pertaining to, printed by, or suitable for printing by offset. verb (used with object), off·set, off·set·ting. to counterbalance as an … motorcycle diaper cakes for boys