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fund

fund 1 : a sum of money or other resources whose principal or interest is set aside for a specific objective cli·ent security fund : a fund established by each state to compensate clients

Defalcation

A lopping off a diminution abatement deficit Specifically Reduction of a claim by deducting a counterclaim set off

Plaint

to administer justice therein without a special mandate from the Crown. Plaint, includes a written statement pleading, a set off or counter-claim. [The Gujarat Court-fees Act, 2004, s. 2(c)] Means the statement in writing of a cause of

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benefit

of a public improvement, the condemning authority may use a special benefit to the remaining land as a set-off against the landowner's damages for the taking. 2 in the civil law of Louisiana : a right esp.

offset

offset : a claim or amount that reduces or balances another claim or amount : set-off [the creditor's own debt was an ] ;also : the reduction or balance achieved by such a claim

Limitation of actions and prosecutions

as enforcing a lien, subsequent acknowledgment by the debtor or appropriation of payments, but not by way of set-off (9 Geo. 4, c. 14, s. 3). In regard to land, the right to it is destroyed after

Special defence

Court. A defendant must give notice to the plaintiff when he intends to rely on a defence of set-off or counterclaim, infancy, coverture, statute of limitations, bankruptcy, or equitable defence. for example, he must specially plead the

Shire

county in Great Britain (esp England), originally made up of many hundred but later consisting of larger divisions set off by metes and bounds, Black's Law Dictionary, 7th Edn., p. 1383.

Re-compensation

Re-compensation. Where a party sues for a debt, and the defendant pleads compensation, i.e., set-off, the plaintiff may allege a compensation on his part, and this is called a re-compensation, Scots Law Term.

Period of detention

Period of detention, undergone by the accused to be set off against the sentence of imprisonment. Code of Criminal Procedure, 1973 (2 of 1974), s. 265-9. See also Criminal

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