setoffs Sentence Examples

  1. The corporation's assets are subject to setoffs by creditors.
  2. The company's bank account was frozen due to a setoff claim.
  3. The tenant's setoffs for repairs reduced their rent obligation.
  4. The insurance policy contained a provision for setoffs for deductible expenses.
  5. The court dismissed the plaintiff's setoff argument as untimely.
  6. The taxpayer argued for a setoff against their tax liability.
  7. The setoffs in the contract must be specifically identified and agreed upon.
  8. The bank's right to setoffs is limited by federal regulations.
  9. The landlord's setoffs for unpaid rent exceeded the security deposit.
  10. The setoffs claimed by the defendant were insufficient to offset the plaintiff's damages.

setoffs Meaning

setoffs

to start out on a course or a trip, to separate from others, a counterclaim made by a defendant against a plaintiff for reduction or discharge of a debt by reason of an independent debt owed by the plaintiff to the defendant compare recoupment sense 2, to make a setoff of, compensation, counterbalance, to put in relief, to set in motion, something that is set off against another thing, to cause to explode, to start out on a course or a journey, the reduction or discharge of a debt or claim by setting against it a distinct claim in favor of the debtor or party who is the object of the first claim (as in a lawsuit), adorn, embellish, to cause to show up clearly, to cause to start, to reduce or discharge by set-off, the offsetting claim itself, to cause to go off or explode, the reduction or discharge of a debt by setting against it a claim in favor of the debtor, to set apart, a right to seek reduction or discharge of a debt or claim by countering a party's claim with an independent claim, the reduction or discharge of a party's debt or claim by an assertion of another claim arising out of another transaction or cause of action against the other party, offset, compensate, decoration, ornament, offset sense 3b, to measure off on a surface

FAQs About the word setoffs

to start out on a course or a trip, to separate from others, a counterclaim made by a defendant against a plaintiff for reduction or discharge of a debt by reas

adornments, decorations, ornaments,ornamentations, caparisons,garnishments, garnitures, frills, beautifiers, embellishments

scars, blemishes, defacements, stains,spots, blots, disfigurements,

The corporation's assets are subject to setoffs by creditors.

The company's bank account was frozen due to a setoff claim.

The tenant's setoffs for repairs reduced their rent obligation.

The insurance policy contained a provision for setoffs for deductible expenses.