Example sentences of "set [adv] against the " in BNC.

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1 The vendor 's company may be able to carry earlier losses forward to set off against the gain or if the capital assets were bought by the company only within the past few years , it is possible that there may be a loss rather than a gain .
2 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 .
3 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 .
4 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 .
5 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 .
6 Any provision made against the minority debit balance should be set directly against the minority interest amount in the p&l account and in the balance sheet .
7 On the other hand , the new kind of assignment resembles the equitable assignment in being subject to equities , i.e. to claims or defences which the debtor or other person might have set up against the assignor .
8 He described how the ladder was to be set up against the wire , how people were to clamber over and how they were to swing themselves clear through the gap at the end .
9 Sure enough , a second ray-gun and clock , identical to the first , were set up against the back wall .
10 Tiled surrounds built in the 1930s are set back against the brickwork , and the plaster made good around them .
11 The oval dining table stood before the rear window , but it held in the middle a model of the house on a low plinth as if it were a museum exhibit , and the eight high-backed dining chairs had been set back against the walls .
12 On the far long side , his grey form set off against the freshly raked dark tan of the peat floor , Theodora saw what she had clearly been brought to see .
13 The evening was lovely , the air warm , transparent and luminous , and the lights of the complex made the white walls of the villas glow , set off against the tall graceful cypresses .
14 Leave it set hard against the left .
15 Merrill kept her lips tightly closed , set hard against the turbulent need that whirled inside her , and after a little while Luke drew back .
16 It was a typical mode of response by Hoggart , contrasting the cultural solidity of the English pub and its robust pleasures with the contrived artificiality of the ‘ American ’ cafe ; the fantasy world of admass set unfavourably against the down-to-earth character of working-class tradition .
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