Definition Synonyms
Definition of setoff - Reverso English Dictionary
Noun
1.
compensationUS something that counterbalances or compensates for something elseUS
- The lavish praise was a setoff for his earlier criticism.
2.
legalTECH. US claim to reduce a debt by an opposing claimTECH. US
- The company filed a setoff against the supplier's invoice.
Expressions with setoff
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financial action to balance two accounts
The bank performed an account setoff to clear the debt.
Origin of setoff
Middle English, set (place) + off (away)
Examples of setoff in a sentence
The bonus acted as a setoff for the extra hours worked. The debtor claimed a setoff for the damages incurred. A setoff was applied to balance the outstanding debts.
View all translations of setoff
Click below to see the appropriate translations facing each meaning.
- French:compensation, compte de compensation, ...
- German:Ausgleich, Aufrechnung, ...
- Italian:compensazione, conguaglio, ...
- Spanish:contrapeso, contrademanda, ...
- Portuguese:compensação, dedução, ...
- Chinese:补偿, 对冲, ...
- Japanese:補償, 差引, ...
- Arabic:مقاصة, مُقاصَّة, ...
- Hebrew:פִּיצּוּי, טַעֲנַת קִיזּוּז, ...
- Russian:компенсация, зачет, ...
- Ukrainian:компенсація, зустрічний позов, ...
- Hindi:मुआवजा, सेटऑफ, ...
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