Offsetting - Law Dictionary Search Results
Redeem
of a mortgage debt after default but prior to a foreclosure becoming effective, Bowery Sav Bank v. Harbert Offset Corp., 558 NYS 2d 821 (1990).
Set off
That which is set off against another thing an offset
Counterclaim
A claim made by a person as an offset to a claim made on him
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depreciation
: any decrease in the value of property (as machinery) for the purpose of taxation that cannot be offset by current repairs and is carried on company books as a yearly charge amortizing the original cost over
social security disability benefits (ssdi)
social security disability benefits (ssdi) SSDI benefits are payable to disabled individuals through the Social Security Administration. Many state workers' compensation statutes have specific provisions which dictate whether an injured employee may receive both workers' compensation...
risk based capital
risk based capital an amount of capital needed to offset losses during a ten-year period with adverse circumstances. Source: U.S. Department of Housing and Urban Development
redeem
right to property prior to the actual sale under a judgment of foreclosure "Bowery Sav. Bank v. Harbert Offset Corp., 558 N.Y.S.2d 821 (1990)"] see also equity of redemption c : to exercise a right of redemption
Mary Carter agreement
plaintiff of a settled amount if no recovery is awarded against the other defendants. The plaintiff agrees to offset their liability by, or sometimes even to pay them from, a recovery awarded from the other defendants. Some
Taxing Statutes
absence of definition, trade parlance meaning should be restored to provide there is market for such goods, United Offset Process Pvt. Ltd. v. Asst. Collector of Customs, AIR 1989 SC 622 (624): (1989) Supp 1 SCC 131:
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