offset
/ˌɒfˈset/ verb [T] (offsetting, offset, offset)Definition
› to balance one effect against an opposing effect, so that there is no great difference as a result: The price of petrol products was offset by a decline in motor vehicle prices.offset sth against sth Offset any losses against your overall income.
› ENVIRONMENT, SOCIAL RESPONSIBILITY to pay an amount of money when you do something, for example travelling by air, that produces a lot of harmful waste products. The money is used to do something that protects against climate change, such as planting trees: When we are forced to travel by air, we always check the box to choose to offset our flights.
(Definition of offset verb from the Cambridge Business English Dictionary
© Cambridge University Press)
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