Definition of setoff
1 : something that is set off against another thing:a : decoration, ornamentb : compensation, counterbalance
2 : the reduction or discharge of a debt or claim by setting against it a distinct claim in favor of the debtor or party who is the object of the first claim (as in a lawsuit); also : the offsetting claim itself
3 : offset 7a
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Examples of setoff in a Sentence
the architect used stone carvings as setoffs for the building's marble facing
1621
First Known Use of setoff
1621
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