Definition of set-off

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Set-off (n.) See Offset, 7..

Lern More About Set-off

Adjustment :: Adjustment (n.) Settlement of claims; an equitable arrangement of conflicting claims, as in set-off, contribution, exoneration, subrogation, and marshaling..
Offset :: Offset (n.) A sum, account, or value set off against another sum or account, as an equivalent; hence, anything which is given in exchange or retaliation; a set-off..
Set-off :: Set-off (n.) That which is used to improve the appearance of anything; a decoration; an ornament.
Set-off :: Set-off (n.) That which is set off against another thing; an offset.
Compensation :: Compensation (n.) The extinction of debts of which two persons are reciprocally debtors by the credits of which they are reciprocally creditors; the payment of a debt by a credit of equal amount; a set-off.
Recompensation :: Recompensation (n.) Used to denote a case where a set-off pleaded by the defendant is met by a set-off pleaded by the plaintiff.
Set-off :: Set-off (n.) See Offset, 7..
Set-off :: Set-off (n.) Same as Offset, n., 4..
Offset :: Offset (n.) A horizontal ledge on the face of a wall, formed by a diminution of its thickness, or by the weathering or upper surface of a part built out from it; -- called also set-off..
Set-off :: Set-off (n.) A counterclaim; a cross debt or demand; a distinct claim filed or set up by the defendant against the plaintiff's demand.
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