setoff
noun
- a thing that makes up for or sets off something else; counterbalance; compensation
- a counterbalancing debt claimed by a debtor against a creditor
- a claim for this
- offset ( & )
See setoff in American Heritage Dictionary 4
(sĕtˈôfˌ, -ŏfˌ)
noun- Something, such as a decoration, that sets off something else by contrast.
- Something that offsets or compensates for something else; a counterbalance.
a. A counterclaim.
b. Settlement of a debt by a debtor's establishing such a claim against a creditor.
- Architecture A flat projection, as from a wall; a ledge.
- Printing See offset.
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