Be Wise › Contract glossary › Set-off
Set-off
Set-off allows a party to deduct sums owed to it by the other party from what it owes. Contracts often exclude set-off so that invoices are paid in full.
In more detail
An exclusion of set-off must be reasonable under the Unfair Contract Terms Act 1977 where it applies.
In Scotland
In Scotland, set-off is called compensation.
Put it into a contract
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England & Wales appScotland appReviewed 2026-09-24. General legal information, not legal advice.