offset
off·set • n. / ˈôfˌset; ˈäf-/ 1. a consideration or amount that diminishes or balances the effect of a contrary one: an offset against taxable profits.2. the amount or distance by which something is out of line: these wheels have an offset of four inches. ∎ Surveying a short distance measured perpendicularly from the main line of measurement. ∎ Electr. a small deviation or bias in a voltage or current.3. a side shoot from a plant serving for propagation. ∎ a spur in a mountain range.4. Archit. a sloping ledge in a wall or other feature where the thickness of the part above is diminished.5. a bend in a pipe to carry it past an obstacle.6. [often as adj.] a method of printing in which ink is transferred from a plate or stone to a uniform rubber surface and from that to the paper.• v. / ôfˈset; ˌäf-/ (-set·ting; past and past part. -set) 1. [tr.] (often be offset) counteract (something) by having an opposing force or effect: the deficit has been more than offset by capital inflows.2. [tr.] place out of line: several places where the ridge was offset at right angles to its length.3. [intr.] (of ink or a freshly printed page) transfer an impression to the next leaf or sheet.
offset
offset
Offset
OFFSET
A contrary claim or demand that may cancel or reduce a given claim; a counterclaim. A kind of bookkeeping entry that counters the effect of a previous entry.