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setoff
set off
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The answer SETOFF (set off) has 109 possible clue(s) in existing crosswords.
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The word SETOFF (set off) is NOT valid in any word game. (Sorry, you cannot play SETOFF (set off) in Scrabble, Words With Friends etc)
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Definitions of set off in various dictionaries:
noun - structure where a wall or building narrows abruptly
verb - put in motion or move to act
verb - leave
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Last Seen in these Crosswords & Puzzles |
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Mar 2 2019 The Times - Concise |
Set off might refer to |
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Set off might be related to |
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In law, set-off or netting are legal techniques applied between persons with mutual rights and liabilities, replacing gross positions with net positions. It permits the rights to be used to discharge the liabilities where cross claims exist between a plaintiff and a respondent. The result being that the gross claims of mutual debt produces a single, net claim. The net claim is known as a net position. In other words, a set-off is the right of a debtor to balance mutual debts with a creditor. In bookkeeping terms, set-offs are also known as reconciliations. To determine a set-off, simply subtract the smaller debt from the larger. * Any balance remaining due either of the parties is still owed, but the remainder of the mutual debts has been set off. The power of net positions is to reduce credit exposure, also holding regulatory capital requirement and settlement advantages, which contributes to market stability. In regard to the financial market, net positions are vital. |