right of setoff

right of setoff
"金山词霸2003法学大词典":
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English-Chinese law dictionary (法律英汉双解大词典). 2013.

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  • setoff — I noun counter, counterbalance, counterdebt, counterdemand, counterpoise, counterweight, debt owed, equivalent claim, money due, offset, offsetting claim, recoupment associated concepts: counterclaim, cross claim II index indemnity …   Law dictionary

  • right of sepulture — Same as right of burial. right of setoff. See retainer; setoff …   Ballentine's law dictionary

  • setoff — Offset Off set , n. [Off + set. Cf. {Set off}.] In general, that which is set off, from, before, or against, something; as: [1913 Webster] 1. (Bot.) A short prostrate shoot, which takes root and produces a tuft of leaves, etc. See Illust. of… …   The Collaborative International Dictionary of English

  • setoff — A discharge or reduction of one demand by an opposite demand. Malle v Harrell, 118 Tex 149, 12 SW2d 550. A defense or an independent demand made by the defendant to counterbalance that of the plaintiff, in whole or in part. Mack v Hugger Bros.… …   Ballentine's law dictionary

  • setoff — (1) In general, the legal right to reduce the amount owed by one party to another party by the sum that the second party also owes to the first party. (2) The confiscation of a deposits held by a borrower to offset some or all of the amounts owed …   Financial and business terms

  • setoff of judgments — A right of an equitable nature, arising as an incident of the general jurisdiction of the court over its suitors, whereby the satisfaction of a judgment may be wholly or partly produced by compelling a judgment creditor to accept in payment a… …   Ballentine's law dictionary

  • set-off — index counterclaim, drawback Burton s Legal Thesaurus. William C. Burton. 2006 set off …   Law dictionary

  • secured creditor — An entity holding a claim against the debtor that is secured by a lien on property of the estate or that is subject to a right of setoff (SA Bankruptcy.com) A creditor holding a lien (secured claim) on property. (Bernstein s Dictionary of… …   Glossary of Bankruptcy

  • unsecured claim — USA A claim held by a creditor who does not have a perfected lien or a right of setoff against the debtor s property. There is no collateral securing the claim. Unlike general unsecured claims which have no priority, unsecured claims may or may… …   Law dictionary

  • recoupment — re·coup·ment /ri küp mənt/ n 1: the process or fact of recouping recoupment of expenses 2 a: a keeping back of all or part of a sum sought by a plaintiff in the interest of equity see also equitable recoupment b …   Law dictionary

  • redress — I (New American Roget s College Thesaurus) v. t. right, correct, repair, reform, relieve, remedy. n. amends, restitution, reparation, requital, compensation, relief. See restoration, atonement. II (Roget s IV) n. 1. [Correction] Syn. revision,… …   English dictionary for students

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