FOLIO Ontology

Right of Offset Clause

IRI:
https://folio.openlegalstandard.org/RCdTwXctGNifiHhWMqmhoZD
Preferred Label N/A
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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.

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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

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Additional Information

Metadata

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Description

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Identifier

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Deprecated

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Source and Origin

No source or origin information available