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right of offset

/raɪt əv ˈɒfset/

翻译: 法律上允许一方将对方欠自己的款项与其欠对方的款项相抵销或扣除的权利,常用于金融或合同情境中,以结清相互债务。

1 个条目

phrase

/raɪt əv ˈɒfset/C1formallegal
  • zh法律上允许一方将对方欠自己的款项与其欠对方的款项相抵销或扣除的权利,常用于金融或合同情境中,以结清相互债务。

A legal right allowing a party to set off or deduct money owed to them from money they owe to another party, often used in financial or contractual contexts to settle mutual debts.

  1. Legal right to balance debtsC1formal

    A legal right that allows a lender or creditor to seize funds from a debtor's account to settle an outstanding debt.

    zh抵销权

    • The bank exercised its right of offset to recover the loan payment.
    • Under the contract, the company has a right of offset against any unpaid invoices.
    • The right of offset was invoked when the customer defaulted on their credit card balance.