FOLIO Ontology

Identification

IRI:
https://folio.openlegalstandard.org/RBLVY0zljWHvn7aUS7BnomS
Label Setoff
Preferred Label N/A
Identifier N/A
Alternative Labels
Bankruptcy

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.

Class Relationships

Sub Class Of

Is Defined By

N/A

See Also

None

Parent Class Of 0

  • None

Translations

🇪🇸

es-es

Compensación

🇲🇽

es-mx

Compensación

🇬🇧

en-gb

Setoff

🇮🇱

he-il

סטאף

🇮🇳

hi-in

सेटऑफ

Class Hierarchy Visualization

Interactive graph showing class relationships - click on any node to navigate to that class

Additional Information

Metadata

Comment

None

Description

None

Notes

  • None

Editorial Information

History Note

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Editorial Note

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Deprecated

No

Source and Origin

No source or origin information available