Question: What The Meaning Of Set Off?

Have you set off meaning?

phrasal verb.

When you set off, you start a journey..

A set-off clause is a legal clause that gives a lender the authority to seize a debtor’s deposits when they default on a loan. A set-off clause can also refer to a settlement of mutual debt between a creditor and a debtor through offsetting transaction claims.

What is the meaning of set on?

​usually passive(set on someone/something) to attack someone or something. Synonyms and related words. + To attack a person or object. attack.

Is all set to go?

Prepared, ready, or primed to begin or complete a task at hand. It has taken months to get everything ready, but I think we’re finally all set to go on the merger deal tomorrow.

Is set off one word?

If you want a verb, write it as two separate words: set off. … If you want a noun referring specifically to reduction of the amount owed by debtor to creditor by some other amount that the creditor owes the debtor, use the noun setoff or set-off.

What’s the meaning of set off?

intransitive to start a journey, or to start going in a particular direction. We set off early the next morning. Synonyms and related words. –

What is set off risk?

Set-off risk occurs when a debtor is able to reduce the outstanding amount of its securitised debt by the amount of any unpaid claims (such as bank deposits, bonds and amounts owed under other contracts) it has against a defaulting originator.

What is set off in accounting?

The right of setoff is a legal right by a debtor to reduce the amount owed to a creditor by offsetting against it any amounts owed by the creditor to the debtor. For example, a bank can seize the amount in a customer’s bank account to offset the amount of an unpaid loan.

What is the opposite of set off?

Opposite of to activate, or to put into motion. cut. deactivate. kill. cut out.

What is another word for set off?

In this page you can discover 44 synonyms, antonyms, idiomatic expressions, and related words for set off, like: set apart, set the spark to, be different, appear different, be the opposite, detonate, start-out, set forth, set out, get under way and contrast.

What is the meaning of 1 set?

A set is a well-defined collection of distinct objects. … The most basic properties are that a set can have elements, and that two sets are equal (one and the same) if and only if every element of each set is an element of the other; this property is called the extensionality of sets.

What is the right to offset?

The right of offset allows banks and credit unions to take money from your checking account, savings account or certificate of deposit (CD) to pay a debt on another account you have with that financial institution.

What is the meaning of the phrasal verb set off?

phrasal verb. set off. ​to begin a journey.

What is the meaning of all set?

The common meaning of the phrase all set is “completely ready” or “wholly prepared,” or—to put it another way—”in the proper state for some purpose, use, or activity.” Some familiar examples are “Dinner is all set,” “Your hotel room is all set,” “Are you all set for school?,” “Are we all set to leave?” (The all, by the …

What is set off tax?

Set off means adjustment of losses from some heads with income of other head(s) to get the taxable income. The provision of set off is laid in section 37 of Income Tax Ordinance 1984. … Loss arising out of the source of income from securities can be set off against any other heads of income.

What does hit the road mean?

to leave a place or begin a trip: I’d love to stay longer but I must be hitting the road.

What is another word for began?

Some common synonyms of begin are commence, inaugurate, initiate, start, and usher in. While all these words mean “to take the first step in a course, process, or operation,” begin, start, and commence are often interchangeable, with begin, opposed to end, being the most general.