Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

  

English definition of “set sth (off) against sth”

set sth (off) against sth

phrasal verb with set     /set/ verb (setting, set, set)
ACCOUNTING to use or record one thing, especially the cost of something, in order to reduce or remove the effect of another: Costs of new equipment or machinery , such as a computer , can also be set against tax . The rules do not allow surpluses over book value in other parts of the business to be set off against reductions elsewhere .
(Definition of set sth (off) against sth from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of set sth (off) against sth

Word of the Day

gastronomy

the art and knowledge involved in preparing and eating good food

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More