setoff US
ˈsɛtɒf
Definition Synonyms

Definition of setoff - Reverso English Dictionary

Noun

1.
compensationUSsomething that counterbalances or compensates for something elseUS
  • The lavish praise was a setoff for his earlier criticism.
counterbalance offset
2.
legalTECH.USclaim to reduce a debt by an opposing claimTECH.US
  • The company filed a setoff against the supplier's invoice.
counterclaim deduction offset
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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.
  1. French:compensation, compte de compensation, ...
  2. German:Ausgleich, Aufrechnung, ...
  3. Italian:compensazione, conguaglio, ...
  4. Spanish:contrapeso, contrademanda, ...
  5. Portuguese:compensação, dedução, ...
  6. Chinese:补偿, 对冲, ...
  7. Japanese:補償, 差引, ...
  8. Arabic:مقاصة, مُقاصَّة, ...
  9. Hebrew:פִּיצּוּי, טַעֲנַת קִיזּוּז, ...
  10. Russian:компенсация, зачет, ...
  11. Ukrainian:компенсація, зустрічний позов, ...
  12. Hindi:मुआवजा, सेटऑफ, ...
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