Right of Set Off Clause

Right of Set Off Clause - 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.

Class Information

JSON JSON-LD OWL XML Markdown

Identification

Label (rdfs)
Right of Set Off Clause
Preferred Label
None
Alternative Labels
N/A
Identifier
N/A

Definition and Examples

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
  • N/A

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

Class Relationships

Sub Class Of
Parent Class Of
  • N/A
Is Defined By
N/A
See Also
N/A

Additional Information

Comment
N/A
Description
N/A
Notes
  • N/A
Deprecated
False

Metadata

History Note
N/A
Editorial Note
N/A
In Scheme
N/A
Source
N/A
Country
N/A

Graph