offset a debt; pay debt in kind
Tone colorsmāmámǎmàma
Meanings
1 sense · 3 examplesverb
to offset a debt; to pay off a debt with goods, property, or labor instead of cash
Commonly used in financial, business, or legal contexts when a debtor lacks cash but possesses other assets.
Tā他
méi没
yǒu有
xiàn现
jīn金
,
zhǐ只
hǎo好
yòng用
fáng房
zi子
dǐng顶
zhàng账
。
He didn't have cash, so he had to use his house to offset the debt.
Zhè这
bǐ笔
qián钱
kě可
yǐ以
xiān先
yòng用
lái来
dǐng顶
zhàng账
,
xià下
gè个
yuè月
zài再
huán还
。
This money can be used first to pay down the debt, and the rest can be paid next month.
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Tā他
men们
tóng同
yì意
yòng用
kù库
cún存
huò货
wù物
dǐng顶
zhàng账
。
They agreed to use inventory goods to settle the account.