Offset

Elimination of a long or short position by making an opposite transaction. Related: liquidation. The New York Times Financial Glossary

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I. offset off‧set 1 [ˈɒfset, ˌɒfˈset ǁ ˈɒːfset, ˌɒːfˈset] verb offset PTandPP offsetting PRESPART [transitive] ACCOUNTING
if something such as a cost or sum of money offsets another cost etc, it has the effect of reducing or balancing it, so that the situation remains the same:

• He expects the fourth quarter to be profitable, though not profitable enough to offset losses earlier in the year.

• The cost of the flight was offset by the cheapness of the hotel.

offset something against something

• He was able to offset his travel expenses against tax.

  [m0] II. offset off‧set 2 [ˈɒfset ǁ ˈɒːf-] noun
1. [uncountable] BANKING the legal right of a bank to take money from a customer's bank account if a loan has not been paid
2. [countable] ACCOUNTING an amount of money recorded on one side of a ledger (= financial record) that is equal to an amount on the opposite side of the same ledger, or is equal to an amount recorded in the ledger for a different account
3. [countable] COMMERCE in international trade, a quantity of goods that is exported in exchange for a quantity of goods that has been imported:

• Some government purchases are paid for by offsets.

— see also barter2

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Ⅰ.
offset UK US /ˌɒfˈset/ verb [T] (offsetting, offset, offset)
to balance one effect against an opposing effect, so that there is no great difference as a result: »

The price of petrol products was offset by a decline in motor vehicle prices.

offset sth against sth »

Offset any losses against your overall income.

ENVIRONMENT, SOCIAL RESPONSIBILITY to pay an amount of money when you do something, for example travelling by air, that produces a lot of harmful waste products. The money is used to do something that protects against climate change, such as planting trees: »

When we are forced to travel by air, we always check the box to choose to offset our flights.

Ⅱ.
offset UK US /ˈɒfset/ noun
[U] LAW, FINANCE the right to pay a person or organization less money than you owe them because they also owe you money: »

What is the position regarding the offset of one debt against the other?

[C] ACCOUNTING a payment that is used to reduce the effect of another payment: »

The Australian government has announced changes to its tax offset rules for overseas production.

[C or U] ENVIRONMENT, SOCIAL RESPONSIBILITY a payment that is made or an action that is done in order to pay for or reduce the harmful effect that something has on the environment: »

carbon offset

»

You have the opportunity to purchase an offset when you book your flights.


Financial and business terms. 2012.

Synonyms:

Look at other dictionaries:

  • offset — [ ɔfsɛt ] n. m. • 1932; mot angl. « report » ♦ Anglic. Techn. Procédé d impression à plat utilisant le report sur caoutchouc. Affiche imprimée en offset. Par appos. Presse offset. Papier offset, utilisé pour l impression en offset. ● offset nom… …   Encyclopédie Universelle

  • offset — off·set 1 / ȯf ˌset/ n: a claim or amount that reduces or balances another claim or amount: set off the creditor s own debt was an offset; also: the reduction or balance achieved by such a claim off·set 2 /ˌȯf set/ vt: to balance, reduce, or… …   Law dictionary

  • offset — [ôf′set΄; ] for v., usually [ ôf set′] n. 1. something that is set off, or has sprung or developed, from something else; offshoot; extension; branch; spur 2. anything that balances, counteracts, or compensates for something else; compensation 3.… …   English World dictionary

  • Offset — steht für: Offset (Film), deutsch rumänischer Film aus dem Jahr 2005 im weiteren Sinn für Kompensationsgeschäft (engl. offset für Verrechnung, Gegenbuchung) in der Technik (engl. offset für Regelabweichung, Versatz) ein konstanter, additiver oder …   Deutsch Wikipedia

  • Offset —   [dt. »Versatz«, »Ausgleich«] der, Verfahren zur relativen bzw. indirekten Adressierung, bei der zu einer Basisadresse ein zusätzlicher Wert, der Offset, addiert wird, um die Zieladresse zu erhalten (Segment Offset Adressierung). Das Verfahren… …   Universal-Lexikon

  • Offset — puede referirse a: Impresión Offset, método de reproducción de documentos e imágenes sobre papel o materiales similares. Offset (antena) es un tipo de antena parabólica. Ver también Internet vía satélite. Offset (compensación) compensación… …   Wikipedia Español

  • Offset — Off*set , v. t. [imp. & p. p. {Offset}; p. pr. & vb. n. {Offsetting}.] 1. To set off; to place over against; to balance; as, to offset one account or charge against another. [1913 Webster] 2. To form an offset in, as in a wall, rod, pipe, etc.… …   The Collaborative International Dictionary of English

  • Offset — Off set , n. [Off + set. Cf. {Set off}.] In general, that which is set off, from, before, or against, something; as: [1913 Webster] 1. (Bot.) A short prostrate shoot, which takes root and produces a tuft of leaves, etc. See Illust. of {Houseleek} …   The Collaborative International Dictionary of English

  • offset — I {{/stl 13}}{{stl 8}}rz. mnż I,D. u, Mc. offsetecie, blm {{/stl 8}}{{stl 7}} technika druku płaskiego, w której rysunek jest przenoszony z metalowej płytki na gumowy cylinder, a z niego na papier {{/stl 7}}{{stl 20}} {{/stl 20}} {{stl 20}}… …   Langenscheidt Polski wyjaśnień

  • offset — ► NOUN 1) a consideration or amount that diminishes or balances the effect of a contrary one. 2) the amount by which something is out of line. 3) a side shoot from a plant serving for propagation. 4) a method of printing in which ink is… …   English terms dictionary

  • Offset — Off set, v. i. (Printing) To make an offset. [1913 Webster] …   The Collaborative International Dictionary of English

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