offset against

offset against
phr verb
Offset against is used with these nouns as the object: ↑tax

Collocations dictionary. 2013.

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  • offset — off·set 1 / ȯf ˌset/ n: a claim or amount that reduces or balances another claim or amount: set off the creditor s own debt was an offset; also: the reduction or balance achieved by such a claim off·set 2 /ˌȯf set/ vt: to balance, reduce, or… …   Law dictionary

  • offset — 1 verb past tense and past participle offsetpresent participle offsetting (T) 1 if something such as a cost or sum of money offsets another cost, sum etc or is offset against it, it has an opposite effect so that the situation remains the same:… …   Longman dictionary of contemporary English

  • offset — I UK [ˈɒfˌset] / US [ˌɔfˈset] / US [ˈɔfˌset] verb [transitive] Word forms offset : present tense I/you/we/they offset he/she/it offsets present participle offsetting past tense offset past participle offset * [often passive] to balance the effect …   English dictionary

  • offset — verb ADVERB ▪ largely, substantially ▪ The carbon emissions are largely offset by planting trees. ▪ completely, exactly, fully ▪ more than …   Collocations dictionary

  • offset — off|set1 [ ,ɔf set, ɔf,set ] (past tense and past participle off|set) verb transitive * often passive to balance the effect of something, with the result that there is no advantage or disadvantage: Falling sales in Thailand were offset by strong… …   Usage of the words and phrases in modern English

  • offset — To classify an amount so that it reduces or eliminates another amount. In a *general ledger, for example, *amortization *accounts are offset against *property, plant, and equipment accounts to calculate the net *book value of *fixed assets …   Auditor's dictionary

  • Offset — Off*set , v. t. [imp. & p. p. {Offset}; p. pr. & vb. n. {Offsetting}.] 1. To set off; to place over against; to balance; as, to offset one account or charge against another. [1913 Webster] 2. To form an offset in, as in a wall, rod, pipe, etc.… …   The Collaborative International Dictionary of English

  • Offset — Off*set , v. t. [imp. & p. p. {Offset}; p. pr. & vb. n. {Offsetting}.] 1. To set off; to place over against; to balance; as, to offset one account or charge against another. [1913 Webster] 2. To form an offset in, as in a wall, rod, pipe, etc.… …   The Collaborative International Dictionary of English

  • Offset — Off set , n. [Off + set. Cf. {Set off}.] In general, that which is set off, from, before, or against, something; as: [1913 Webster] 1. (Bot.) A short prostrate shoot, which takes root and produces a tuft of leaves, etc. See Illust. of {Houseleek} …   The Collaborative International Dictionary of English

  • Offset staff — Offset Off set , n. [Off + set. Cf. {Set off}.] In general, that which is set off, from, before, or against, something; as: [1913 Webster] 1. (Bot.) A short prostrate shoot, which takes root and produces a tuft of leaves, etc. See Illust. of… …   The Collaborative International Dictionary of English

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