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.
counterclaim
2.
business accountingTECH.legal ability to reduce tax by offsetting lossesTECH.
  • The company used its right of offset to lower taxes.
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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.
  1. French:droit de compensation, ...
  2. German:Aufrechnungsrecht, Ausgleichsrecht, ...
  3. Italian:diritto di compensazione, ...
  4. Spanish:derecho de compensación, ...
  5. Portuguese:direito de compensação, ...
  6. Chinese:抵销权, 抵消权, ...
  7. Japanese:相殺権, 控除権, ...
  8. Arabic:حَقُّ المُقَاصَّة, حق المقاصة, ...
  9. Hebrew:זְכוּת קִיזּוּז, זְכוּת הַקִּיזּוּז, ...
  10. Russian:право на зачет, ...
  11. Ukrainian:право на залік, право заліку, ...
  12. Hindi:सेट-ऑफ का अधिकार, समायोजन का अधिकार, ...

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