Sentences with phrase «setoff only»

In table of set off rule of STCG / STCL through equity fund and stock, you mentioned that STCG (equity fund and stocks) can be set off STCL from other asset capital (non-equity fund, gold, property) But in next table of set off rule of STCL through property or non-equity fund you mentioned that STCL (non-equity fund, gold, property) can setoff only STCG through asset capital other than equity fund and stocks.

Not exact matches

Rights of the buyer under this section can only be asserted as a matter of defense to or setoff against a claim by the assignee.
However your insurance company will pay you only $ 50,000 of your $ 100,000 policy limit as it is entitled to a $ 50,000 setoff of the amount you received from the other driver's policy.
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