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.

“JPMorgan asserts, and the debtors admit, that ‘by virtue of such setoff rights, such funds may be subject to liens in favor of’” JPMorgan, it said.

From BusinessWeek • Nov. 1, 2011

Peck said that bankruptcy law requires mutuality, meaning that setoff only exists between the same two companies.

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

If a triangular setoff were permitted, the Lehman broker’s other creditors would be $23 million worse off.

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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