equivalent claim

See: setoff
References in periodicals archive ?
An equivalent claim would be if someone was to demand my wallet and I 'resist' by handing over my credit card and pin number.
As a result, the government proposed replacing this unnecessary debt in the pension system with an equivalent claim on accounts in the PAYG pillar, indexed by nominal GDP.
We understood the basis for the decision of the Opposition Division in 2006 and indicated at that time that we would file a divisional patent application to secure equivalent claim coverage," said David J.
Main financing conditions and payment arrangements and / or reference to the relevant provisions regulating them: amounts due to the (x) (holder s) market will be paid on resources own of the city in an overall period of 30 days from the date of receipt of invoices or equivalent claims.
The trouble with the ad is that it is hardly what is known in the advertising game as a Unique Selling Point--a number of other parties that have been in government could make equivalent claims.
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