equitable recoupment
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 301 U.S. 532 - Stone v. White · 1937Most cited · 921 citing opinions
Its defense, which inheres in the cause of action is comparable to an equitable recoupment or diminution of petitioners' right to recover. Such a defense is never barred by the statute of limitations so long as the main action itself is timely.