Definition of set-off in English:


Syllabification: set-off


1An item or amount that is or may be set off against another in the settlement of accounts.
More example sentences
  • Yesterday, he gave a speech to the Economic Club of Washington, in which he said he was ‘open’ to across-the-board budget cuts, and also endorsed finding set-offs to balance hurricane relief spending.
  • Depending upon the circumstances, they could constitute counterbalancing set-offs of credit and debit amounts.
1.1 Law A counterbalancing debt pleaded by the defendant in an action to recover money due.
More example sentences
  • If that is right, then the defendants are entitled to rely on their counterclaim as a set-off.
  • Therefore, I find that the defendants have not proven any amount by way of a set-off or counterclaim.
  • A bond is treated as the equivalent of a bill of exchange or a letter of credit, so that it follows that normally a set-off or counterclaim will not be enough to prevent judgment being given.
1.2 dated A counterbalancing or compensating circumstance or condition: as a set-off against such discussions there had come an improvement in their pecuniary position
2A step or shoulder at which the thickness of part of a building or machine is reduced.
3 Printing The unwanted transference of ink from one printed sheet or page to another before it has set.

Definition of set-off in:

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