a process of printing that transfers the image from a letterpress-type relief plate to a roller or blanket from which it is offset.

1960–65; letter1 + set

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World English Dictionary
letterset (ˈlɛtəˌsɛt)
a method of rotary printing in which ink is transferred from raised surfaces to paper via a rubber-covered cylinder
[C20: from letter(press) + (off)set]

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Example sentences
There are eight letterset and eight off-set presses of various ages and types in the shop.
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