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Topical Terminology > Right To Setoff



2 Definitions

Right to Setoff

For Right to Setoff we have terms and definitions in 2 topics. The topics are Accounting and Accounting Terms.



Right To Setoff (Accounting)

DEBTOR'S legal right, to discharge all or a portion of the DEBT owed to another party by applying against the debt an amount that the other party owes to the debtor.


Right To Setoff (Accounting Terms)

DEBTOR'S legal right, to discharge all or a portion of the DEBT owed to another party by applying against the debt an amount that the other party owes to the debtor.




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