English dictionary
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English noun: right of offset | |||
| 1. | right of offset (attribute) (banking) the legal right of a bank to seize deposited funds to cover a loan that is in default | ||
| Broader (hypernym) | legal right | ||
| Domain category | banking, jurisprudence, law | ||
Based on WordNet 3.0 copyright © Princeton University.
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Web design: Orcapia v/Per Bang. English edition: .
2024 onlineordbog.dk