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In law, set-off or netting is a legal technique applied between persons or businesses with mutual rights and liabilities, replacing gross positions with net positions. [1] [2] 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 produce a single net claim. [3]
An offset in law, is a reduction in the amount of a judgment granted to a losing party based on debts owed by the prevailing party to the losing party. For example, if an employee successfully sued an employer for wrongful termination , the employer might be entitled to an offset if the employer could demonstrate that it had previously made an ...
Example of a defense Offset - diagram. As an example of a defense offset proposal, we could describe a hypothetical case of Nation P (Purchaser) buying 300 tanks from defense company S (Seller, of Nation S). [17] The total sale contract is $400 million and Nation P (Purchaser) requests offset of 120%.
The problem can occur with most types of printing, and is avoided by the use of slipsheets between copies (so any ink transfer occurs onto discardable paper) or anti-set-off spray powder. The term in offset printing also refers to the unwanted transfer of ink to rollers and friction points throughout the printing press. Ink that is not properly ...
Offset printing is a common printing technique in which the inked image is transferred (or "offset") from a plate to a rubber blanket and then to the printing surface. When used in combination with the lithographic process, which is based on the repulsion of oil and water, the offset technique employs a flat (planographic) image carrier.
The less likely an outcome is, the higher the payout: In both sports betting and options trading, the less likely result — as judged by the positions of the bettors or traders — pays off at a ...
The main purpose of this page is to list the current standard time offsets of different countries, territories and regions. Information on daylight saving time or historical changes in offsets can be found in the individual offset articles (e.g. UTC+01:00) or the country-specific time articles (e.g. Time in Russia).
It’s been a long, hard road to Offset’s second solo album. Originally scheduled for release in November 2022 before the shooting death of fellow Migos member Takeoff, “Set It Off” shows ...