offset Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “offset” in the English Dictionary

"offset" in British English

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offsetverb [T]

uk   /ˌɒfˈset/  us   /ˌɑːf-/ (present participle offsetting, past tense and past participle offset)
C2 to ​balance one ​influence against an ​opposinginfluence, so that there is no ​greatdifference as a ​result: The ​extracost of ​travelling to ​work is offset by the ​lowerprice of ​houses here.UK He ​keeps his ​petrolreceipts because ​petrol is one of the ​expenses that he can offset against ​tax (= can show to the ​government as being a ​businesscost, and so not ​paytax). environment to ​pay for things that will ​reducecarbondioxide in ​order to ​reduce the ​damagecaused by ​carbondioxide that you ​produce: We offset all ​ourlong-haulflights.
(Definition of offset from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"offset" in American English

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offsetverb [T]

 us   /ˌɔfˈset/ (present participle offsetting, past tense and past participle offset)
to ​balance one ​influence against an ​opposinginfluence so that no ​greatdifferenceresults: The ​extracost of ​commuting to ​work from the ​suburbs is offset by ​cheaperrents.
(Definition of offset from the Cambridge Academic Content Dictionary © Cambridge University Press)

"offset" in Business English

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offsetverb [T]

uk   us   /ˌɒfˈset/ (offsetting, offset, offset)
to ​balance one ​effect against an ​opposingeffect, so that there is no great difference as a ​result: The ​price of ​petrolproducts was offset by a ​decline in motor ​vehicleprices.offset sth against sth Offset any ​losses against your ​overallincome.
ENVIRONMENT, SOCIAL RESPONSIBILITY to ​pay an ​amount of ​money when you do something, for ​exampletravelling by ​air, that ​produces a lot of harmful ​wasteproducts. The ​money is used to do something that ​protects against ​climatechange, such as planting trees: When we are ​forced to ​travel by ​air, we always ​check the ​box to choose to offset our ​flights.

offsetnoun

uk   us   /ˈɒfset/
[U] LAW, FINANCE the ​right to ​pay a ​person or ​organization less ​money than you ​owe them because they also ​owe you ​money: What is the ​positionregarding the offset of one ​debt against the other?
[C] ACCOUNTING a ​payment that is used to ​reduce the ​effect of another ​payment: The Australian ​government has announced ​changes to its tax offsetrules for ​overseasproduction.
[C or U] ENVIRONMENT, SOCIAL RESPONSIBILITY a ​payment that is made or an ​action that is done in ​order to ​pay for or ​reduce the harmful ​effect that something has on the ​environment: carbon offset You have the ​opportunity to ​purchase an offset when you ​book your ​flights.
(Definition of offset from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “offset”
in Chinese (Simplified) 补偿, 抵消, 弥补…
in Turkish dengelemek, dengede tutmak/olmak…
in Russian компенсировать…
in Chinese (Traditional) 補償, 抵消, 彌補…
in Polish równoważyć…
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“offset” in Business English

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