What does setoff mean?
Definitions for setoff
ˈsɛtˌɔf, -ˌɒfsetoff
This dictionary definitions page includes all the possible meanings, example usage and translations of the word setoff.
Princeton's WordNet
set-back, setoff, offsetnoun
structure where a wall or building narrows abruptly
ChatGPT
setoff
Setoff is a legal procedure that allows a person or entity to reduce or eliminate their debt by claiming a right to a comparable debt owed by the original creditor. It is generally used in banking and financial sectors as a means to counterbalance or offset a debt with a claim against the other party.
Matched Categories
Anagrams for setoff »
offset
Numerology
Chaldean Numerology
The numerical value of setoff in Chaldean Numerology is: 8
Pythagorean Numerology
The numerical value of setoff in Pythagorean Numerology is: 8
Popularity rank by frequency of use
setoff#100000#110913#333333
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"setoff." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/setoff>.
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