Login or register (free and only takes a few minutes) to participate in this question.
You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.
15:30 Apr 27, 2008
English to Polish translations [PRO] Bus/Financial - Finance (general) / shares issue
English term or phrase:set off against
An allotment was made on the basis of two shares for every three applied for, for the remaining 15,000. The excess application monies were SET OFF AGAINST the allotment monies asked for. The holder of 1,000 shares didn't pay the first and second calls and his shares were forfeited.