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Home > QFINANCE Dictionary > Definition of offset clause

Definition of

offset clause

Insurance

insurance condition allowing counterbalancing of credits and debits a provision in an insurance policy that permits the balancing of credits against debits so that, for example, a company can reduce or omit payments to another company that owes it money and is bankrupt

Definitions of ’offset clause’ and meaning of ’offset clause’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’offset clause’ and other financial terms with our online QFINANCE Financial Dictionary.

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