| NOUN | attribute | right of offset | (banking) the legal right of a bank to seize deposited funds to cover a loan that is in default |
|---|
| Meaning | (banking) the legal right of a bank to seize deposited funds to cover a loan that is in default. | |
|---|---|---|
| Category | banking | engaging in the business of keeping money for savings and checking accounts or for exchange or for issuing loans and credit etc. |
| law, jurisprudence | The collection of rules imposed by authority | |
| Broader | legal right | A right based in law |
| Spanish | derecho de deducción | |
| Catalan | dret de deducció | |
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