Right of Offset

nounverified·updated May 18, 2026

(banking) the legal right of a bank to seize deposited funds to cover a loan that is in default

Framework senses

2 senses across 2 frameworks

Wordset Dictionary1 senseview framework →

§1: (banking) the legal right of a bank to seize deposited funds to cover a loan that is in default

Legacy lexicon import1 senseview framework →

§1 · legacy_primary: (banking) the legal right of a bank to seize deposited funds to cover a loan that is in default
DR-088 backfill from the noun definition column