set-off

  • 1set-off — index counterclaim, drawback Burton s Legal Thesaurus. William C. Burton. 2006 set off …

    Law dictionary

  • 2Set-off — n. [Set + off.] 1. That which is set off against another thing; an offset. [1913 Webster] I do not contemplate such a heroine as a set off to the many sins imputed to me as committed against woman. D. Jerrold. [1913 Webster] 2. That which is use …

    The Collaborative International Dictionary of English

  • 3set off — vt: to reduce or discharge by set off: offset Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. set off …

    Law dictionary

  • 4Set-off — can refer to the following:* Set off (law), the reduction of a claim by deducting the amount of a valid countervailing claim* Set off (architecture), the horizontal line shown on a floorplan indicating a reduced wall thickness, and consequently… …

    Wikipedia

  • 5set-off — the ability to discharge or reduce a debt by applying a counter claim between the same parties. For example, a bank which has lent money to a debtor may attempt to satisfy some or all of the loan by seizing the debtor s deposits at the bank… …

    Glossary of Bankruptcy

  • 6set off — {v.} 1. To decorate through contrast; balance by difference. * /The bright colors of the birds were set off by the white snow./ * /A small gold pin set off her plain dark dress./ 2. To balance; make somewhat equal. * /Her great wealth, as he… …

    Dictionary of American idioms

  • 7set off — {v.} 1. To decorate through contrast; balance by difference. * /The bright colors of the birds were set off by the white snow./ * /A small gold pin set off her plain dark dress./ 2. To balance; make somewhat equal. * /Her great wealth, as he… …

    Dictionary of American idioms

  • 8set-off — Offset Off set , n. [Off + set. Cf. {Set off}.] In general, that which is set off, from, before, or against, something; as: [1913 Webster] 1. (Bot.) A short prostrate shoot, which takes root and produces a tuft of leaves, etc. See Illust. of… …

    The Collaborative International Dictionary of English

  • 9set off — verb Date: circa 1598 transitive verb 1. a. to put in relief ; show up by contrast b. adorn, embellish c. to set apart ; make distinct or outstanding 2. a. offset, compensate …

    New Collegiate Dictionary

  • 10set-off — (1) In general, the legal right to reduce the amount owed by one party to another party by the sum that the second party also owes to the first party. (2) The confiscation of a deposits held by a borrower to offset some or all of the amounts owed …

    Financial and business terms