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setoff
(redirected from Setoffs)

   Also found in: Medical, Legal, Financial, Encyclopedia 0.02 sec.
set·off  (stôf, -f)
n.
1. Something, such as a decoration, that sets off something else by contrast.
2. Something that offsets or compensates for something else; a counterbalance.
3.
a. A counterclaim.
b. Settlement of a debt by a debtor's establishing such a claim against a creditor.
4. Architecture A flat projection, as from a wall; a ledge.
5. Printing See offset.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.setoff - structure where a wall or building narrows abruptly
structure, construction - a thing constructed; a complex entity constructed of many parts; "the structure consisted of a series of arches"; "she wore her hair in an amazing construction of whirls and ribbons"


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In 1997, the Florida Legislature attempted to come to the rescue and finally resolve all of the confusion surrounding the entitlement to credits and setoffs when the marital home is sold.
But some of ANB's claims are subject to setoffs on several lots that Curry reported are valued at $315,000.
Defendants repeatedly assert that because the instant plaintiff held two separate insurance policies, two setoffs should be allowed.
 
 
 
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