set-off, consolidation of an account

[Carthage]

Hello,

In the dictionary, I found مقاصة/ تعويض/ معادلة/ موازنة for Set-off which seems to be the opposite of consolidation= تجميع

Does set-off ( of an account)in a banking context mean تجزئة؟
I'm not really sure of it.

 

[ayed]

Hello,

In the dictionary, I found مقاصة/ تعويض/ معادلة/ موازنة for Set-off which seems to be the opposite of consolidation= تجميع

Does set-off ( of an account)in a banking context mean تجزئة؟
I'm not really sure of it.

هنا قد تجد ضالتك
http://faculty.ksu.edu.sa/72395/Pages/StudentDicisonary.aspx

 

[shafaq]

Hello,

In the dictionary, I found مقاصة/ تعويض/ معادلة/ موازنة for Set-off which seems to be the opposite of consolidation= تجميع

Does set-off ( of an account)in a banking context mean تجزئة؟
I'm not really sure of it.

It doesn't mean تجزئة divide but contrary; in the case of a solvency shortage to combine two or more accounts that belong to a certain client to obtain collection. Set off is an act usually made by a bank or financier firm against a defaulter client (عميل متخلف). The act is called as "a right of ‘set off’ or a right to ‘combine’ accounts.So; it may be rendered as توحيد جبري .

 

[Carthage]

Thank you Shafaq. You are very useful.