setoff

[set-awf, -of] / ˈsɛtˌɔf, -ˌɒf /

NOUN

compensation

Synonyms

STRONG

advantage allowance amends atonement benefit bonus bread consideration counterclaim coverage damages defrayal deserts earnings fee gain honorarium indemnification indemnity meet offset pay payment payoff premium profit quittance reciprocity reckoning recompense redress reimbursement remittal remittance remuneration reparation repayment reprisal requital restitution reward salary salt satisfaction scale settlement shake stipend take wage

WEAK

recoupment take-home

Antonyms

STRONG

debt disadvantage dissatisfaction hindrance hurt loss penalty

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Peck didn’t allow the setoff, saying required “mutuality” was lacking.

From BusinessWeek • Oct. 18, 2011

Even though a triangular setoff may be permissible under state law, it doesn’t work in bankruptcy because “the Bankruptcy Code imposes its own strict requirements,” Peck said.

From BusinessWeek • Oct. 6, 2011

He said that setting off under a swap agreement is permissible even after bankruptcy, although only if the right of setoff exists in the first place.

From BusinessWeek • Oct. 6, 2011

A setoff to recover debt owing to an affiliate isn’t allowed by the language of the statute, Peck said.

From BusinessWeek • Oct. 6, 2011

She closed her eyes and slept, and presently they woke her and setoff.

From "The Golden Compass" by Philip Pullman

setoff

Example Sentences

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