en

set-off

1

Terminological databases

EKI terminibaas Esterm

ID 698794 Last modified 30.12.2004
View dataset
View dataset
Domain Economicsstock exchange & capital market
tasaarvestus preferred
set-off preferred
  • agreement between the parties involved to set off one debt against another or one loss against a gain. A banker is empowered to set off a credit balance on one account against a debit balance on another. It is usual in these circumstances for the bank to issue a letter of set-off, which the customer countersigns to indicate agreement.
  • offset - a deduction; a contrary claim or demand by which a given claim may be lessened or canceled. A claim that serves to counterbalance or to compensate for another claim.
tasaarvestus preferred
Usage examples
  • Kui kaks isikut (tasaarvestuse pooled) on kohustatud maksma teineteisele rahasumma või täitma muu samaliigilise kohustuse, võib kumbki pool (tasaarvestav pool) oma nõude teise poole nõudega tasaarvestada, kui tasaarvestaval poolel on õigus oma kohustus täita ja teiselt poolelt nõuda tema kohustuse täitmist.
tasaarvestamine
set-off preferred
Usage examples
  • National legal provisions of participating Member States which permit or impose netting, set-off or techniques with similar effects shall apply to monetary obligations, irrespective of their currency denomination, if that denomination is in the euro unit or in a national currency unit, with any conversion being effected at the conversion rates.
offset
Verrechnung
kuittaus

Riigi Teataja seadustes määratletud terminid (legaaldefinitsioonid)

ID 739278 Last modified 27.03.2024
View dataset
View dataset
  • (1) Kui kaks isikut (tasaarvestuse pooled) on kohustatud maksma teineteisele rahasumma või täitma muu samaliigilise kohustuse, võib kumbki pool (tasaarvestav pool) oma nõude teise poole nõudega tasaarvestada, kui tasaarvestaval poolel on õigus oma kohustus täita ja teiselt poolelt nõuda tema kohustuse täitmist.
  • defineeritakse kõikide Eesti õigusaktide ulatuses
  • (1) If two persons (parties to a set-off) are required to pay each other a sum of money or perform another obligation of the same type, either party (the party requesting set-off) may set off the claim thereof against the claim of the other party if the party requesting set-off has the right to perform the obligation thereof and to require performance from the other party.
  • defined within the scope of all Estonian legal instruments
tasaarvestus
set-off

Word forms not available

Etymology not available

Related words not available

Search the same word

in the EU's IATE term base

Web examples

Online Language Learning Tool SkELL allows users to search for phrases in sentences, collocates and similar words. These examples have been automatically selected and may contain errors.
Skell logo