{"iri":"https://folio.openlegalstandard.org/RCdTwXctGNifiHhWMqmhoZD","label":"Right of Offset Clause","sub_class_of":["https://folio.openlegalstandard.org/RDe0RKU39BlhcyACJW30ZLc"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":null,"alternative_labels":[],"translations":{"fr-fr":"Clause de compensation","pt-br":"Cláusula de compensação","es-es":"Cláusula de derecho de compensación","es-mx":"Cláusula de derecho de compensación","de-de":"Klausel zum Aufrechnungsrecht","en-gb":"Right of Offset Clause","he-il":"סעיף זכות הפיכה","hi-in":"ऑफसेट क्लॉज का अधिकार","zh-cn":"抵销条款","ja-jp":"相殺条項"},"hidden_label":null,"definition":"A Right of Offset Clause is a provision in a contract that allows one party to offset or deduct any amount owed to them by the other party from any amount owed by them, in order to settle the debt.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}