kiegyenlítésként

Kiegyenlítésként is a Hungarian term that translates to "as compensation" or "as a set-off" in English. It refers to a process where opposing claims or debts between two parties are balanced against each other. Instead of each party paying the full amount owed, only the net difference is settled. This concept is widely used in legal and financial contexts.

In a legal dispute, if Party A owes Party B a certain sum and Party B also owes Party A a sum, kiegyenlítésként allows for these debts to be offset. For example, if Party A owes Party B 100 units and Party B owes Party A 70 units, the net result would be that Party A only needs to pay Party B 30 units. This simplifies financial settlements and avoids unnecessary transfers of money.

The principle of kiegyenlítésként is based on the idea of efficiency and avoiding redundant transactions. It is a common practice in contract law, debt collection, and accounting. The conditions under which set-off is permissible are often regulated by law, ensuring fairness and preventing abuse. Generally, the debts must be of the same nature and legally enforceable. The application of kiegyenlítésként can significantly reduce the complexity and cost of resolving financial obligations between parties.