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Noun:
right of offset
(
banking
) the
legal right
of a
bank
to
seize
deposited
funds
to
cover
a
loan
that is
in default
"The
bank
exercised
its
right
of
offset
to
recover
the
unpaid
loan
balance
from the customer's
savings
account
"
Type of:
legal right
right gastric artery
right gastric vein
right hand
right hander
right hemisphere
right now
right of action
right of election
right of entry
right of first publication
right of offset
right of privacy
right of re-entry
right of search
right of way
right off the bat
right on
right on the money
right prism
right smart
right stage