setoff
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Because there was no right of setoff in the first place, there was nothing for the safe harbor to protect.
From BusinessWeek • Oct. 6, 2011
Even though a triangular setoff may be permissible under state law, it doesn’t work in bankruptcy because “the Bankruptcy Code imposes its own strict requirements,” Peck said.
From BusinessWeek • Oct. 6, 2011
He said that setting off under a swap agreement is permissible even after bankruptcy, although only if the right of setoff exists in the first place.
From BusinessWeek • Oct. 6, 2011
A setoff to recover debt owing to an affiliate isn’t allowed by the language of the statute, Peck said.
From BusinessWeek • Oct. 6, 2011
She closed her eyes and slept, and presently they woke her and setoff.
From "The Golden Compass" by Philip Pullman
