right of offset
Definition
Definition of right of offset - Reverso English Dictionary
Noun
1.
debt settlementTECH. legal authority to seize funds for debt recoveryTECH.
- The bank exercised its right of offset to recover the loan.
2.
business accountingTECH. legal ability to reduce tax by offsetting lossesTECH.
- The company used its right of offset to lower taxes.
Examples of right of offset in a sentence
Due to the right of offset, the funds were deducted without notice. They exercised their right of offset to balance the financial loss. Investors were informed about the right of offset benefits.
View all translations of right of offset
Click below to see the appropriate translations facing each meaning.
- French:droit de compensation, ...
- German:Aufrechnungsrecht, Ausgleichsrecht, ...
- Italian:diritto di compensazione, ...
- Spanish:derecho de compensación, ...
- Portuguese:direito de compensação, ...
- Chinese:抵销权, 抵消权, ...
- Japanese:相殺権, 控除権, ...
- Arabic:حَقُّ المُقَاصَّة, حق المقاصة, ...
- Hebrew:זְכוּת קִיזּוּז, זְכוּת הַקִּיזּוּז, ...
- Russian:право на зачет, ...
- Ukrainian:право на залік, право заліку, ...
- Hindi:सेट-ऑफ का अधिकार, समायोजन का अधिकार, ...
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