{"iri":"https://folio.openlegalstandard.org/RBLVY0zljWHvn7aUS7BnomS","label":"Setoff","sub_class_of":["https://folio.openlegalstandard.org/RBJKfGRN6PPuMeHLwrDvGNx"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":null,"alternative_labels":["Bankruptcy"],"translations":{"es-es":"Compensación","es-mx":"Compensación","en-gb":"Setoff","he-il":"סטאף","hi-in":"सेटऑफ"},"hidden_label":null,"definition":"A setoff in bankruptcy refers to the right of a creditor to offset a debt owed to them by the debtor against a debt owed by the creditor to the debtor, thereby reducing the amount owed by the creditor to the debtor.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}