Offset

usgb/ˈɔːfset/
noun

An amount of something that balances, cancels, or compensates for something else.

The increased cost of fuel was offset by the decrease in maintenance costs.
Visual representation of "offset" - An amount of something that balances, cancels, or compensates for something else.

Often appears as...

  • offset costs
  • offset losses
Definition 1 of 5
Visual representation of "offset"
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Balancing Act

When offset is used as a noun, it often refers to something that equals out another, creating balance.

Illustration for Balancing Act
The earnings from the bake sale acted as an offset to the club's previous expenses.
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Financial Context

Offset is commonly used in financial situations to talk about balancing costs and benefits.

Illustration for Financial Context
We must find an offset for the extra spending on new equipment.
Visual representation of the word "Offset"

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