Offsetting definition
Offsetting means the repayment of a debt by setoff of a state warrant or setoff of state income tax refunds or federal tax refunds and federal payments.
Offsetting means the application of a credit against the amount due on a claim in place of a correc- tive cash payment for FIP and RCA, or a restoration of lost benefits for food assistance, or PROMISE JOBS overpayment by withholding all or a portion of future payments in the same category as the pay- ments were originally made.
Offsetting means the application of a credit against the amount due on a claim in place of a correc- tive cash payment for ADC/FIP and RCA, or a restoration of lost benefits for food stamps, and the recovery of a Transitional Child Care or PROMISE JOBS overpayment by withholding all or a portion of future payments in the same category as defined in Iowa Administrative Code 441—93.51(249C) and 441—49.13(239).
Examples of Offsetting in a sentence
Offsetting is also possible against a claim which is not due and payable.
Offsetting deposit proceeds against the Bank’s counterclaims on the Customer (solely on the basis of the Bank’s written statement to the Customer, sent to the Customer’s address indicated to the Bank) is subject to the respective provisions of the Greek Civil Code.
Off-setting and retention of invoice amounts due shall only be permitted with undisputed or legally established claims, insofar as they do not refer to claims for damages that are not closely related to a claim from the purchaser for contractual performance without any defects.
More Definitions of Offsetting
Offsetting means the process by which the amount payable by a Developer for off-site levies is offset against the Developer’s cost to construct qualified off-site infrastructure identified within the Bylaw.
Offsetting means the process of reducing the amount of benefits to be restored to satisfy an outstanding overpayment against the household.
Offsetting means a purchase of credits, such as carbon or plastic credits, or provision of financial support for environmental projects, such as reforestation and renewable energy installations, to compensate for the purchaser's own environmental impact, or that of their goods or services;
Offsetting means the temporary utilisation of survey marks at a known position relative to the existing control mark. From these survey marks, a permanent new control mark will be reinstated after site works have been completed.
Offsetting means a claim that the acquisition of credits or provision of financial support for environmental
Offsetting means an increase that is matched by a decrease with no
Offsetting means an increase that is matched by a decrease with no change occurring in budget authority.