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set-off clause

См. также в других словарях:

  • Set-Off Clause — A legal clause that gives a lender the authority to seize a debtor s deposits when they default on a loan. A set off clause can also refer to a settlement of mutual debt between a creditor and a debtor through offsetting transaction claims. This… …   Investment dictionary

  • set-off — (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

  • set down — verb 1. put down in writing; of texts, musical compositions, etc. (Freq. 2) • Syn: ↑write down, ↑get down, ↑put down • Hypernyms: ↑write • Hyponyms: ↑transcri …   Useful english dictionary

  • Relative clause — A relative clause is a subordinate clause that modifies a noun. For example, the noun phrase the man who wasn t there contains the noun man , which is modified by the relative clause who wasn t there . In many languages, relative clauses are… …   Wikipedia

  • restrictive clause — noun a subordinate clause that limits or restricts the meaning of the noun phrase it modifies • Hypernyms: ↑subordinate clause, ↑dependent clause * * * noun : an adjective clause so closely attached to its noun as to be essential to the… …   Useful english dictionary

  • nonrestrictive clause — noun a subordinate clause that does not limit or restrict the meaning of the noun phrase it modifies • Syn: ↑descriptive clause • Hypernyms: ↑subordinate clause, ↑dependent clause * * * noun : a descriptive clause that adds information but is so… …   Useful english dictionary

  • Dependent clause — In linguistics, a dependent clause (sometimes called a subordinate clause) is a clause that augments an independent clause with additional information, but which cannot stand alone as a sentence. Dependent clauses modify the independent clause of …   Wikipedia

  • Gross up clause — A gross up clause is a provision in a contract which provides that all payments must be made in the full amount, free of any deductions or withholdings, and without exercising any right of set off. The provision will usually indicate that if… …   Wikipedia

  • nonrestrictive clause — Gram. a relative clause that describes or supplements but is not essential in establishing the identity of the antecedent and is usually set off by commas in English. In This year, which has been dry, is bad for crops the clause which has been… …   Universalium

  • restrictive clause — Gram. a relative clause that identifies the antecedent and that is usually not set off by commas in English. In The year that just ended was bad for crops, the clause that just ended is a restrictive clause. Cf. nonrestrictive clause. [1900 05] * …   Universalium

  • descriptive clause — /dəˈskrɪptɪv klɔz/ (say duh skriptiv klawz) noun a relative clause, in English writing usually set off in commas, which describes or supplements, but does not identify, the antecedent; nonrestrictive clause. In this year, which has been dry, is… …  

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