Webboffset noun uk / ˈɒfset / us [ U ] LAW, FINANCE the right to pay a person or organization less money than you owe them because they also owe you money: What is the position … WebbOffset Price shall have the meaning set forth in Section 6.8 (a). Sample 1 Based on 1 documents Examples of Offset Price in a sentence The Authority shall have right to …

offset_1 verb - Definition, pictures, pronunciation and usage notes ...

WebbDefinitions of offset noun a compensating equivalent synonyms: counterbalance see more noun the time at which something is supposed to begin synonyms: beginning, … WebbOffset account, in most cases, goes on to reduce the balance of the account to which it is related. For example, let’s say we expect 3% of our total receivable of $100,000 has gone bad, so we show $3,000 ($100,000*3%) as provision for doubtful debts Provision For Doubtful Debts A bad debt provision refers to the reserve made by a company to ... sandwich shop goleta

OFFSET definition in the Cambridge English Dictionary

Webb10 maj 2024 · An offset account is an account that is paired with and offsets another account. The other account contains a gross balance and the offset account reduces … WebbFör 1 dag sedan · Definition of 'offset' offset (ɒfset , US ɔːf- ) verb If one thing is offset by another, the effect of the first thing is reduced by the second, so that any advantage or disadvantage is cancelled out. [...] See full entry for 'offset' Collins COBUILD Advanced … Webbto use one cost, payment or situation in order to cancel or reduce the effect of another offset something Prices have risen in order to offset the increased cost of materials. … short and sweet chennai