set sth (off) against sth phrasal verb, verb Meaning in Cambridge Business English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of "set sth (off) against sth" - Business English Dictionary

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
athlete

a person who is very good at sports or physical exercise, especially one who competes in organized events

Word of the Day

When’s dinner? (Words for different meals)
When’s dinner? (Words for different meals)
by Kate Woodford,
July 22, 2015
Here at ‘About Words’ we’re always happy to get ideas for posts that we could write. A reader of this blog recently asked for a post on the language of meals and we thought this an excellent idea. If you are reading this post and have an idea for a topic or

Read More 

exoskeleton noun
exoskeleton noun
July 27, 2015
a robotic device which goes around the legs and part of the body of a person who cannot walk and allows them to move independently and in an upright position The device, known as an exoskeleton, is strapped to the outside of a person’s limbs and can then be controlled by them.

Read More