- rights of set-off
- An agreement defining each party's rights should one party default on its obligation. A setoff is common in parallel loan arrangements. Bloomberg Financial Dictionary
Financial and business terms. 2012.
rights of set-off
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set-off — index counterclaim, drawback Burton s Legal Thesaurus. William C. Burton. 2006 set off … Law dictionary
set — set1 W1S1 [set] v past tense and past participle set present participle setting ▬▬▬▬▬▬▬ 1¦(put)¦ 2¦(put into surface)¦ 3¦(story)¦ 4¦(consider)¦ 5¦(establish something)¦ 6¦(start something happening)¦ 7¦(decide something)¦ … Dictionary of contemporary English
set — [c]/sɛt / (say set) verb (set, setting) –verb (t) 1. to put in a particular place or position: to set a vase on a table. 2. to put into some condition or relation: to set a house on fire. 3. to apply: to set fire to a house. 4. to cause to begin …
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set up — Synonyms and related words: abet, aggrandize, aggravate, aid, amend, angel, animate, annoy, apotheose, apotheosize, arouse, arrange, array, assemble, assist, author, avail, back, bail out, bankroll, base, bear, bear a hand, beatify, befriend,… … Moby Thesaurus
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