right of offset

English Thesaurus

1. (banking) the legal right of a bank to seize deposited funds to cover a loan that is in default (noun.attribute)

hypernym	:	legal right,
definition	:	a right based in law (noun.attribute)

domain category	:	banking,
definition	:	engaging in the business of keeping money for savings and checking accounts or for exchange or for issuing loans and credit etc. (noun.act)

domain category	:	jurisprudence, law,
definition	:	the collection of rules imposed by authority (noun.group)