What does offsetting something mean?
offset; offsetting; offsets. Essential Meaning of offset. : to cancel or reduce the effect of (something) : to create an equal balance between two things Gains in one area offset losses in another.
What is an example of offsetting?
What is an Offset? An offset involves assuming an opposite position in relation to an original opening position in the securities markets. For example, if you are long 100 shares of XYZ, selling 100 shares of XYZ would be the offsetting position.
What does it mean for a claim to be subject to offset?
An offset, like the term “setoff”, is the deduction by the Debtor from a claim or demand of a debt or obligation owed to the Creditor. It can also be a counterclaim or a contrary claim or demand by which the Creditor’s claim may be lessened or canceled.
How do you use offset in a sentence?
Offset sentence example
- The risk of failure in mining enterprises is offset by the chances of more than ordinary profits.
- The obstacle due to lack of coal is offset by the splendid water powers ‘afforded by the rapid streams in all parts of the province.
What is offset in media?
Offset printing, also called offset lithography, is a method of mass-production printing in which the images on metal plates are transferred (offset) to rubber blankets or rollers and then to the print media. The print media, usually paper, does not come into direct contact with the metal plates.
What does it mean to countervail?
intransitive verb. : to exert force against an opposing and often bad or harmful force or influence.
What is an offsetting lot?
An offsetting transaction is an activity that cancels out the risks and benefits of another position or transaction. Offsetting can mean closing a position, if possible, but can also mean taking the opposite position in the same (or as close as possible) instrument.
What is an offsetting posting?
Say when you receive the goods from the vendor, you have not yet received the invoice. Instead of posting directly to the vendor, you would post to a Goods Receipt accrual account: Dr.
What does intent to offset mean?
Notice of Intent to Offset
The “Notice of Intent to Offset” is telling you that you have taxes owed and the government is going to seize part or all of your federal payments. The IRS commonly offsets Federal tax refunds, but they can also take other types of federal payments as well. The original amount of your federal payment.
What does it mean offset payment?
Offset generally means a reduction, typically by reducing an amount due to be paid out by an amount owed. For example, the Treasury Offset Program (TOP) is a debt collection program administered by Financial Management Services (FMS), a bureau of the U.S. Department of the Treasury.
What does offset mean in writing?
(ɔfsɛt ) Word forms: offsets, offsettinglanguage note: The form offset is used in the present tense and is the past tense and past participle of the verb. transitive verb. If one thing is offset by another, the effect of the first thing is reduced by the second, so that any advantage or disadvantage is canceled out.
What does it mean to offset a phrase in a sentence?
Definition of Offset. the distance or amount by which something is out of line. Examples of Offset in a sentence. 1. Eying the painting on the wall, the gallery owner pondered whether the crooked frame was offset by a few centimeters.