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.
Peck didn’t allow the setoff, saying required “mutuality” was lacking.
From BusinessWeek • Oct. 18, 2011
If a triangular setoff were permitted, the Lehman broker’s other creditors would be $23 million worse off.
From BusinessWeek • Oct. 6, 2011
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
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
Three weeks later I received a letter announcing that I had a two-year setoff until seeing them again.
From "Hole in My Life" by Jack Gantos
