单词 | set-off |
释义 | set-off set-off noun [C,U]
1 (Accounting ) a cost or payment, or a group of costs or payments, that is used to cancel or reduce the effect of another
2 (Law ) an occasion when sb reduces the amount that they owe sb else because the other person also owes them money: The bank exercised its set-off right against the debtor.
SET verb |
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