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 (Layout.) |
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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. | |||
Revision as of 20:20, 25 June 2016
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.
