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setoff parties

См. также в других словарях:

  • 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

  • setoff —    In accounting, two parties who have an indebtedness to each other agreeing that one debt has paid all or part of the other. Similarly, in a lawsuit, a defendant may claim that the plaintiff owes the defendant money that should be subtracted… …   Business law dictionary

  • mutuality of parties and demands — A matter of demands between the same parties in the same capacity at the same time and mutuality as to the quality of the right. 20 Am J2d Countcl § 74. The setoff or counterclaim must be such a demand that defendant, in his own name, or in the… …   Ballentine's law dictionary

  • equitable setoff — A remedy open to the defendant where, from the nature of the claim or the situation of the parties, it is impossible to obtain justice by plea or cross action in other words, in those cases where, through no fault of the defendant, he has no… …   Ballentine's law dictionary

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

  • agency — /ay jeuhn see/, n., pl. agencies. 1. an organization, company, or bureau that provides some service for another: a welfare agency. 2. a company having a franchise to represent another. 3. a governmental bureau, or an office that represents it. 4 …   Universalium

  • 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

  • Bankruptcy in the United States — The United States Constitution (Article 1, Section 8, Clause 4) authorizes Congress to enact uniform Laws on the subject of Bankruptcies throughout the United States. Congress has exercised this authority several times since 1801, most recently… …   Wikipedia

  • mutual credit — A knowledge on both sides of an existing debt due to one party, and a credit by the other party, founded on, and trusting to such debt, as a means of discharging it. This definition is not quite broad enough to cover all the cases, where there… …   Ballentine's law dictionary

  • without defalcation — An expression, sometimes written without offset, in an instrument for the payment of money, intended to preclude a setoff against the amount payable under the terms of the instrument. Anno: 79 ALR 126; 98 ALR 606; 20 Am J2d Countel § 29. A phrase …   Ballentine's law dictionary

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