settle debt with goods; offset debt
Tone colorsmāmámǎmàma
Meanings
1 sense · 4 examplesverb
to settle a debt with goods or property instead of cash; to offset a debt with physical assets
formalCommonly used in business, legal, and financial contexts when a debtor lacks cash but possesses transferable assets.
Tā他
wú无
lì力
cháng偿
huán还
xiàn现
jīn金
,
zhǐ只
hǎo好
yòng用
fáng房
chǎn产
zhé折
zhàng帐
。
He was unable to repay in cash, so he had to settle the debt with real estate.
Zhè这
jiā家
gōng公
sī司
yòng用
kù库
cún存
shāng商
pǐn品
zhé折
zhàng帐
,
dǐ抵
qīng清
le了
suǒ所
yǒu有
zhài债
wù务
。
This company settled all its debts by offsetting them with inventory goods.
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Gēn根
jù据
xié协
yì议
,
zhài债
wù务
rén人
kě可
yǐ以
yǐ以
shí实
wù物
zhé折
zhàng帐
。
According to the agreement, the debtor may settle the debt with physical goods.
Zài在
gǔ古
dài代
,
nóng农
mín民
cháng常
yòng用
liáng粮
shí食
zhé折
zhàng帐
。
In ancient times, farmers often used grain to settle their debts.