What does set-off mean?

Definitions for set-off
set-off

This dictionary definitions page includes all the possible meanings, example usage and translations of the word set-off.


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Webster Dictionary

  1. Set-offnoun

    that which is set off against another thing; an offset

  2. Set-offnoun

    that which is used to improve the appearance of anything; a decoration; an ornament

  3. Set-offnoun

    a counterclaim; a cross debt or demand; a distinct claim filed or set up by the defendant against the plaintiff's demand

  4. Set-offnoun

    same as Offset, n., 4

  5. Set-offnoun

    see Offset, 7

Wikidata

  1. Set-off

    In law, a set-off is a statutory defense to the whole or to a portion of a plaintiff's claim. It had no existence under the English common law, being created by 2 Geo. II c. 22 for the relief of insolvent debtors, although set-off was recognized in equity. Such a defense could be pleaded only in respect of mutual debts of a definite character, and did not apply to cases in which damages were claimed, nor to equitable claims or demands. By the rules of the Supreme Court a defendant in an action may set off or set up any right or claim by way of counterclaim against the claims of a plaintiff, and such set-off or counterclaim has the same effect as a statement of claim in a cross-action. ⁕The legal defense of set-off was originally introduced to prevent the unfair situation whereby a person who owed money to another could be sent to debtors prison, despite the fact that Party B also owed money to Party A. The law thus allows both parties to defer payment until their respective claims have been heard in court. Upon judgment, both claims are extinguished and replaced by a single net sum owing.

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Numerology

  1. Chaldean Numerology

    The numerical value of set-off in Chaldean Numerology is: 8

  2. Pythagorean Numerology

    The numerical value of set-off in Pythagorean Numerology is: 8

Examples of set-off in a Sentence

  1. Happymon Jacob:

    Politically, it's advantage BJP, the scrapping of Article 370 of the constitution is likely to set off a slew of political, constitutional and legal battles, not to speak of the battles on the streets of Kashmir.

  2. Gary Staden:

    The idea of these elections is try a solve a crisis but I think they might perpetuate one, my concern is any mess up like failure to deliver ballot papers is going to be interpreted as someone trying to rig the election and that could set off an unrest.

  3. Kenny Ausubel:

    Each of us has a spark of life inside us, and our highest endeavor ought to be to set off that spark in one another.

  4. Satomi Alhaji Ahmed:

    There were three female bombers who entered the camp around 6:30 a.m.( local time) disguised as displaced persons. Two of them set off their explosives in the camp while the third refused after realizing her parents and siblings were in the camp.

  5. Douglas Kratt:

    Even if you didn't set off fireworks yourself, debris can make The Fourth way into your yard, where curious animals may pick it up to play with or eat.


Translations for set-off

From our Multilingual Translation Dictionary

  • वजह बनता हैHindi

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"set-off." Definitions.net. STANDS4 LLC, 2024. Web. 29 Mar. 2024. <https://www.definitions.net/definition/set-off>.

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