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reliance on set-off by the buyer

Bulgarian translation: без купувачът да разчита на компенсиране (прихващане)

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18:04 Mar 31, 2007
English to Bulgarian translations [PRO]
Law/Patents - Law: Contract(s)
English term or phrase: reliance on set-off by the buyer
The buyer’s payment of any obligation entered into in respect of us must be made without discount or reliance on set-off by the buyer.

Благодаря предварително на знаещите и можещите.
Milena Valkanova
Local time: 16:09
Bulgarian translation:без купувачът да разчита на компенсиране (прихващане)
Explanation:
one of the meanings (financial) of set-off is when 2 parties "net" their payables and receivables

another one (legal) is "the reduction of a claim by deducting the amount of a valid countervailing claim"
Selected response from:

Zlatka Gospodinova
Bulgaria
Local time: 16:09
Grading comment
4 KudoZ points were awarded for this answer

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Summary of answers provided
5без купувачът да разчита на компенсиране (прихващане)
Zlatka Gospodinova


  

Answers


1 day16 hrs   confidence: Answerer confidence 5/5
без купувачът да разчита на компенсиране (прихващане)


Explanation:
one of the meanings (financial) of set-off is when 2 parties "net" their payables and receivables

another one (legal) is "the reduction of a claim by deducting the amount of a valid countervailing claim"


    Reference: http://en.wikipedia.org/wiki/Set-off
Zlatka Gospodinova
Bulgaria
Local time: 16:09
Specializes in field
Native speaker of: Native in BulgarianBulgarian
PRO pts in category: 20
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