mutual debts
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 84 U.S. 610 - Sawyer v. Hoag · 1873Most cited · 267 citing opinions
set-off
The debts must be mutual; must be in the same right.
How often courts cite the cases defining “mutual debts”
Court decisions citing the 2 opinions that defined “mutual debts” — 431 in all, by decade. Counts are citations to the defining cases as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.
All 2 definitions, chronological · 1873–1935
A creditor holding security, who realizes upon it, does not 'owe' his debtor the amount realized. The wellunderstood concept of mutual debts does not embrace such a situation as is here disclosed.