Definition of setoff
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
Examples of setoff in a sentence
the architect used stone carvings as setoffs for the building's marble facing
First Known Use of setoff
Seen and Heard
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