Example sentences of "be [vb pp] off against the " in BNC.

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1 The request serial number should also be checked off against the records in the control book , and logged as completed .
2 Here the desires of the vendor and Newco may converge because the problem for Newco in acquiring goodwill is that it will reduce Newco 's distributable profits as it must be written off in the profit and loss account , unless it can be written off against the share premium account .
3 Without any application to the court , the mortgagee , if his mortgage is a conveyance of the legal estate or ownership , may take possession ; but this course is hazardous , since he may be called upon in a redemption action to account strictly not only for profits actually received by him , but also for those which he might but for his default have received , and all such profits , so far as they exceed the interest due for the time being , must be set off against the principal .
4 In the September 1992 issue of ACCOUNTANCY ( see p 111 ) , we reported a case before the Court of Appeal in which the Court was asked to make a declaration as to whether MS Fashions Ltd and MS Fashions ( Wholesale ) Ltd could be required to pay to Touche Ross , the liquidator of the Bank of Credit and Commerce International , the whole of a combined overdraft of £600,000 , or whether a deposit with BCCI by Mr Sarwar of £300,000 , which had been used as a security for the overdrafts , could be set off against the sum of £600,000 under Rule 4.90 of the Insolvency Rules 1986 .
5 Where there have been mutual credits , debts or other mutual dealings between a company before it goes into liquidation and any other creditors , Rule 4.90 provides that account should be taken of what is due from each party , and the sums due from one shall be set off against the sums due from the other .
6 There , it is provided that there shall be set off against the tax charged on any amount treated by virtue of the section as income of the settlor for any year an amount equal to : 1 .
7 By directing the pointer at a particular star , its altitude could be read off against the scale on the rim to an accuracy of about one degree .
8 He accepts that it has to be traded off against the 25 per cent improvement in fuel consumption and longer engine life .
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