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08:50 Aug 12, 2016 |
Italian to English translations [PRO] Law (general) | |||||||
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| Selected response from: James (Jim) Davis Seychelles Local time: 20:42 | ||||||
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Summary of answers provided | ||||
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4 +1 | eliminate amounts that offset each other |
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4 | to elide |
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4 | to net off offsets |
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2 | wipe or cancel out the set-offs |
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Summary of reference entries provided | |||
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elidere |
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wipe or cancel out the set-offs Explanation: ... of crediti = claims or proofs of debt against each other. The legal doctrine in EN is called set-off and not offset. Example sentence(s):
Reference: http://www.thefreedictionary.com/set+off |
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to elide Explanation: is frequently used in the field of law (see the free English dictionary) -------------------------------------------------- Note added at 1 Stunde (2016-08-12 09:55:55 GMT) -------------------------------------------------- sorry, I meant the legal dictionary Farlex which offers the following synonyms: elide verb abate, abolish, annul, cancel, countermand, declare null and void, delete, discard, dismiss, dispel, dissolve, end, eradicate, extinguish, extirpate, invalidate, leave out, nullify, obliterate, omit, overrule, overturn, putan end to, quell, quench, repeal, repress, rescind, reverse, stop, subdue, suppress, terminate, vacate, withdraw |
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to net off offsets Explanation: . |
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eliminate amounts that offset each other Explanation: the overall write-down of 36%, carried out on a case-by-case basis, partly, amongst other things, to eliminate amounts which offset each other. Basically, what this says is that the bankrupt company reduced the book value of its debts owed to it by 36% partly to eliminate the effect of debts owed to it being offset by amounts owed by it to the same persons/entities. This of course would actually reduce the write-down. |
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11 mins peer agreement (net): +1 |
Reference: elidere Reference information: http://dizionari.corriere.it/dizionario_italiano/E/elidere.s... 1 Annullare, eliminare qlco. |
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