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  1. Dictionary
    offset

    noun

    • 1. a consideration or amount that diminishes or balances the effect of an opposite one: "widow's bereavement allowance is an offset against income"
    • 2. the amount or distance by which something is out of line: "these wheels have an offset of four inches"

    verb

    • 1. counteract (something) by having an equal and opposite force or effect: "donations to charities can be offset against tax"
    • 2. place out of line: "several places where the ridge was offset at right angles to its length"

    More definitions, origin and scrabble points

  2. In simpler terms, offset means a counteracting or opposite force. Example – Accumulated Depreciation Account, Drawings Account, etc. It is an account that reduces the gross amount of another related account to derive a net balance.

  3. Find 25 different ways to say OFFSET, along with antonyms, related words, and example sentences at Thesaurus.com.

  4. Oct 13, 2023 · Offset is a term commonly used in the accounting world to refer to the act of balancing or neutralizing the effects of certain transactions or accounts. It involves the practice of matching debits and credits to ensure accuracy and maintain the integrity of financial records.

  5. Jan 2, 2024 · Offsets are financial tools that allow you to balance or cancel out one financial asset or liability with another. They can provide opportunities to reduce or eliminate financial risks, lower tax liabilities, and optimize financial strategies. Understanding Offsets.

  6. offset (third-person singular simple present offsets, present participle offsetting, simple past and past participle offset or offsetted) To compensate for something. I'll offset the time difference locally.

  7. Wheel offset refers to how the wheels mount in your wheel wells, and as a result, how much space you have on either side of the wheel. It’s very important to get this right, because a wheel with the wrong offset can rub and cause problems with your suspension, brakes, and even body parts, like fenders.

  8. In its broadest sense, offsetting is a tool that can limit or eliminate liabilities in business and banking. Understanding offsets is like understanding Newton’s third law of motion. You know the one! “For every action, there is an equal and opposite reaction.” That’s exactly how offsetting works.

  9. In its broadest sense, offsetting is a tool that can limit or eliminate liabilities in business and banking. Understanding offsets is like understanding Newton’s third law of motion. You know the one! “For every action, there is an equal and opposite reaction.” That’s exactly how offsetting works.

  10. The meaning of offset. Definition of offset. Best online English dictionaries for children, with kid-friendly definitions, integrated thesaurus for kids, images, and animations.

  11. Sep 28, 2017 · commencement. late 13c., "a beginning, act or fact of coming into existence," from Old French comencement "beginning, start" (Modern French commencement), from comencier "to begin, to start" (see commence). Meaning "school graduation ceremony" attested by 1850, American English, originally in.

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    offset meaning in accounting