{"iri":"https://folio.openlegalstandard.org/RDSlEZ7FiSZx0V5qw5KEDY6","label":"Right of Set Off 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":{"de-de":"Aufrechnungsklausel","fr-fr":"Clause de compensation","es-es":"Cláusula de compensación","es-mx":"Cláusula de compensación","pt-br":"Cláusula de compensação","en-gb":"Right of Set Off Clause","he-il":"סעיף זכות הפיכת חובות","hi-in":"सेट ऑफ क्लॉज का अधिकार","zh-cn":"抵销条款","ja-jp":"相殺条項"},"hidden_label":null,"definition":"A right of set off clause is a provision in a contract that allows a party to offset or deduct a debt owed to them by the other party from any amount owed to that party under the same contract.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}