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 phrasal verb, verb from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of set sth (off) against sth?
Add Cambridge dictionaries to your browser to your website

Word of the Day

bad/hard/tough luck

said to express sympathy with someone when something bad has happened to them

Word of the Day

Think long and hard; the language of decisions

by Liz Walter,
January 28, 2015
One of the best ways (perhaps the best way) to improve your English is to learn how words go together in phrases, idioms, or other patterns such as verb/noun or adjective/noun pairs (often called ‘collocations’). This blog looks at some useful phrases and collocations connected with the subject of decisions, something we

Read More 

micro pig noun

January 26, 2015
an extremely small pig, bred to be a pet Micro pigs have become popular pets recently, with famous owners including Victoria Beckham, Paris Hilton and Olympic diver, Tom Daley.

Read More