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Set-off (law)

In law, set-off or netting is a legal technique applied between persons or businesses with mutual rights and liabilities, replacing gross positions with net positions. It permits the rights to be used to discharge the liabilities where cross claims exist between a plaintiff and a respondent, the result being that the gross claims of mutual debt produce a…

Netting, Overview & Set-off

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Overview

Market effect

Netting

Set-off

Acknowledgment

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Map overview Semantic statistics

Set-off (law)

Nodes66
Edges65
Triples4
Avg. degree1.97
Density0.030303
Components1

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Important terminology Word statistics

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Important terminology

set-off netting claim insolvency set claims law risk mutual net debts novation party right settlement market also financial two court

Entity relationships Subject–Predicate–Object triples

SubjectPredicateObjectConfidenceSrc
novation netting or close-out nettinginstance ofNetting describes the form0.80text
whilst set-off describes judicially-recognised grounds such as independent set-off or insolvency set-offinstance ofNetting describes the form0.80text
the USinstance ofas is allowed within certain jurisdictions0.80text
UKinstance ofas is allowed within certain jurisdictions0.80text

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