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setsoff
sets off
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The answer SETSOFF (sets off) has 13 possible clue(s) in existing crosswords.
Searching in Word Games ...
The word SETSOFF (sets off) is NOT valid in any word game. (Sorry, you cannot play SETSOFF (sets off) in Scrabble, Words With Friends etc)
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Definitions of sets off in various dictionaries:
noun - structure where a wall or building narrows abruptly
verb - put in motion or move to act
verb - leave
more
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Last Seen in these Crosswords & Puzzles |
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Feb 5 2018 The Times - Concise |
Sets off might refer to |
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In law, set-off or netting are legal techniques applied between persons 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 produces a single, net claim. The net claim is known as a net position. In other words, a set-off is the right of a debtor to balance mutual debts with a creditor. In bookkeeping terms, set-offs are also known as reconciliations. To determine a set-off, simply subtract the smaller debt from the larger. * Any balance remaining due either of the parties is still owed, but the remainder of the mutual debts has been set off. The power of net positions is to reduce credit exposure, also holding regulatory capital requirement and settlement advantages, which contributes to market stability. In regard to the financial market, net positions are vital. |
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