Translation of "offset" - English-Spanish dictionary

offset

verb uk /ˌɒfˈset/ us /ˌɑːf-/ present participle offsetting, past tense and past participle offset

to balance one influence against an opposing influence, so that there is no great difference as a result

compensar, deducir
The extra cost of travelling to work is offset by the lower price of houses here.
UK He keeps his petrol receipts because petrol is one of the expenses that he can offset against tax (= can show to the government as being a business cost, and so not pay tax).

(Translation of “offset” from the Cambridge English-Spanish Dictionary © Cambridge University Press)