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setoff

[set-awf, -of] /ˈsɛtˌɔf, -ˌɒf/
noun
1.
something that counterbalances or makes up for something else, as compensation for a loss.
2.
Accounting. a counterbalancing debt or claim, especially one that cancels an amount a debtor owes.
3.
Also called offset. Architecture.
  1. a reduction in the thickness of a wall.
  2. a flat or sloping projection on a wall, buttress, or the like, below a thinner part.
4.
something used to enhance the effect of another thing by contrasting it, as an ornament.
5.
Printing. offset (def 7).
Origin of setoff
1615-1625
1615-25; noun use of verb phrase set off
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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12
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