offsetting

[ˈɒfsetɪŋ]

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

Antonyms for offsetting

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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.