Set-off: Difference between revisions
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imported>Doug Williamson (Linked to The Treasurers Handbook - Putting a limit on losses) |
imported>Doug Williamson (Classify page.) |
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A situation whereby a debtor may acknowledge the claimant’s demand, but pleads his own claim in order to extinguish the claimant’s demands, either in full or in part. | |||
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* [[Debtors]] | * [[Debtors]] | ||
* [[Putting a limit on losses]] | * [[Putting a limit on losses]] | ||
[[Category:Cash_management]] | |||
[[Category:Financial_products_and_markets]] | |||
[[Category:Liquidity_management]] | |||
Latest revision as of 09:10, 2 July 2022
A situation whereby a debtor may acknowledge the claimant’s demand, but pleads his own claim in order to extinguish the claimant’s demands, either in full or in part.
