offset Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of “offset” in the English Dictionary

"offset" in British English

See all translations

offsetverb [T]

uk   /ˌɒfˈset/  us   /ˌɑːfˈset/ (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

See all translations

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

See all translations

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…
What is the pronunciation of offset?
Add Cambridge dictionaries to your browser to your website

“offset” in Business English

There, their and they’re – which one should you use?
There, their and they’re – which one should you use?
by ,
April 27, 2016
by Liz Walter If you are a learner of English and you are confused about the words there, their and they’re, let me reassure you: many, many people with English as their first language share your problem! You only have to take a look at the ‘comments’ sections on the website of, for example, a popular

Read More 

Word of the Day

planet

an extremely large, round mass of rock and metal, such as Earth, or of gas, such as Jupiter, that moves in a circular path around the sun or another star

Word of the Day

bio-banding noun
bio-banding noun
April 25, 2016
in sport, grouping children according to their physical maturity rather than their age ‘When we’re grouping children for sports, we do it by age groups, but the problem is that, within those age groups, we get huge variations in biological age,’ said Dr Sean Cumming, senior lecturer at the University of Bath’s department for

Read More