Glossary entry

Lithuanian term or phrase:

užskaitymas

English translation:

offsetting

Added to glossary by Vidmantas Stilius
Jan 2, 2005 20:36
19 yrs ago
Lithuanian term

užskaitymas

Non-PRO Lithuanian to English Bus/Financial Finance (general)
Skolų užskaitymo sutartis
Siekiant išvengti papildomų išlaidų dėl banko paslaugų, šalys susitaria dėl įsiskolinimų užskaitymo.Įmonė X įmonės Y įsiskolinimą xxx USD užskaito skolos dengimu įmonei T.

Proposed translations

12 hrs
Lithuanian term (edited): u�skaitymas
Selected

offsetting

offsetting

E.g.
Offsetting a debt against an ongoing liability

Where CSA offsets unequal debts, the remaining amount of the larger debt is still a debt due to the Commonwealth. If the debtor is entitled to ongoing child support payable by the other parent, CSA may offset the remaining debt against the parent's ongoing child support entitlement as it becomes due and payable each month.

CSA can offset the parent's debt against part or all of that parent's child support entitlement each month. Where the debt is offset in part, the balance of the month's child support liability is due and payable in the normal fashion. CSA officers will seek an offsetting arrangement that will not disadvantage the child(ren) by minimising ongoing child support and which also reflects the size of the debt and a reasonable repayment period

Effect of offsetting a debt

Any amount recovered by way of offset is taken to be paid by the payer to CSA and paid to the payee as provided for under the Registration and Collection Act (section 71AA(4)).
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2 days 12 hrs
Lithuanian term (edited): u�skaitymas

offsetting

©iuo atveju tinka.
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