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Setoff definition

WebIn printing, set-off is a defect in the print characterised by the transfer of wet ink from the substrate to another surface. Set-off is commonly seen in the printing of sheets, where … Web6 Aug 2024 · What is set off? Where the right of set off arises, it can act as a defence to part or the whole of a claim. Example: when the right of set off arises, if B owes A £800,000, …

SET SOMETHING OFF English meaning - Cambridge …

Web"setoff" (1) After all preparations were made, they setoff secretly. (2) The Written Notice will specify the basis for the setoff. (3) A. Don't move the printed paper before the ink dries to avoid setoff. (4) Losses of the PBC shall be setoff by allocations of the central finance. (5) On the field of generated result, your perseverance often can setoff with the talent. Webset off [sth] vtr phrasal sep. (highlight by contrasting) mettre [qch] en avant, faire ressortir [qch] loc v. That colour looks good on you; it sets off your eyes. Cette couleur te va bien : ça met tes yeux en avant (or: ça fait ressortir tes yeux). set [sb] off vtr phrasal insep. harmony christian school png https://mrhaccounts.com

Right of setoff definition — AccountingTools

Web20 Apr 2015 · - the definition of “Other Agreement Amounts”, which refers to the amounts due to the party exercising the set-off to be used to discharge an Early Termination Amount owed by that party, and which is defined as follows “any amount(s) … payable (whether at such time or in the future or upon the occurrence of a contingency) by the Payee [the party … Web6 Jul 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. WebThe twelve months preceding the proposed income tax debt setoff is the twelve^nonth period preceding the month in which the absent parent is notified in writing that the department is holding the income tax refund.95.6 (7) Debt setoff will occur when the absent parent is more than $50.00 delinquent, and has not made regular payments toward that ... chaparrin

Set-off Practical Law

Category:set off - English-French Dictionary WordReference.com

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Setoff definition

Set-off legal definition of set-off - TheFreeDictionary.com

WebFirst Impressions: Third Circuit Scuttles Triangular Setoff in Bankruptcy. The ability of a creditor to exercise its contractual, common law or statutory rights under non-bankruptcy law to set off amounts owed to a debtor in bankruptcy against the debtor's obligations to the creditor gives offsetting creditors an important advantage. Unlike ... Webto cause a loud noise or explosion, such as that made by a bomb or an alarm (= a warning sound) to begin or happen: Terrorists set off a bomb in the city centre. Somebody set the …

Setoff definition

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Web15 Nov 2024 · Set-Off is considered an important tool of defense for the defendant. If a defendant wishes to bring forth a claim of a set-off, then he has to plead for it along with the written statement. If he or she foregoes the claim, then he/she will be barred from pleading it again as per Order II, Rule 2. WebIt 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 …

Web12 Dec 2024 · The right of setoff is a legal right by a debtor to reduce the amount owed to a creditor by offsetting against it any amounts owed by the creditor to the debtor. For … Webset (someone or something) off 1. To ignite or cause something to explode. Kids in the area have been setting off fireworks all night long. The police set a small bomb off to force the …

Websetoff (offset) n. a claim by a defendant in a lawsuit that the plaintiff (party filing the original suit) owes the defendant money which should be subtracted from the amount of … WebSynonyms for SET OFF: trigger, activate, spark, drive, touch off, power, turn on, move; Antonyms of SET OFF: shut off, cut, kill, cut off, cut out, check, stop ...

Web1. To put in a specified position or arrangement; place: set a book on a table; set the photo next to the flowers. 2. a. To put into a specified state: set the prisoner at liberty; set the …

WebSet-off definition: (idiomatic, intransitive) To leave ; to begin a journey or trip . harmony christian school rustenburgWebset·off. (sĕt′ôf′, -ŏf′) n. 1. Something, such as a decoration, that sets off something else by contrast. 2. Something that offsets or compensates for something else; a counterbalance. … harmony church basic trainingWebDefinition 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 … harmony christmas market 2021