offsetting Definition
- 1counterbalancing (something) by having an opposing force or effect
- 2arranging for a sum to be taken from one financial account in order to reduce or eliminate a debt owed to another account
Using offsetting: Examples
Take a moment to familiarize yourself with how "offsetting" can be used in various situations through the following examples!
Example
The company is offsetting its carbon emissions by investing in renewable energy.
Example
The negative effects of the new policy were offset by the positive results of increased funding.
Example
The bank is offsetting the debt on my credit card with the funds in my savings account.
offsetting Synonyms and Antonyms
Synonyms for offsetting
Antonyms for offsetting
Summary: offsetting in Brief
The term 'offsetting' [ˈɒfsetɪŋ] refers to counterbalancing or compensating for something, often through an opposing force or effect. It can also refer to arranging for a sum to be taken from one financial account to reduce or eliminate a debt owed to another account. Examples include offsetting carbon emissions with renewable energy and offsetting negative effects with positive results.
