SETOFF

setoff, set-back, offset

(noun) structure where a wall or building narrows abruptly

Source: WordNet® 3.1


Etymology

Noun

setoff (plural setoffs)

(finance) The situation where a bank or similar organisation repays itself money owed by an accountholder out of his or her account.

Anagrams

• offset

Source: Wiktionary


Set"-off`, n. Etym: [Set + off.]

1. That which is set off against another thing; an offset. I do not contemplate such a heroine as a set-off to the many sins imputed to me as committed against woman. D. Jerrold.

2. That which is used to improve the appearance of anything; a decoration; an ornament.

3. (Law)

Definition: A counterclaim; a cross debt or demand; a distinct claim filed or set up by the defendant against the plaintiff's demand.

Note: Set-off differs from recoupment, as the latter generally grows out of the same matter or contract with the plaintiff's claim, while the former grows out of distinct matter, and does not of itself deny the justice of the plaintiff's demand. Offset is sometimes improperly used for the legal term set-off. See Recoupment.

4. (Arch.)

Definition: Same as Offset, n., 4.

5. (Print.)

Definition: See Offset, 7.

Syn.

– Set-off, Offset.

– Offset originally denoted that which branches off or projects, as a shoot from a tree, but the term has long been used in America in the sense of set-off. This use is beginning to obtain in England; though Macaulay uses set-off, and so, perhaps, do a majority of English writers.

Source: Webster’s Unabridged Dictionary 1913 Edition



RESET




Word of the Day

23 November 2024

THEORETICAL

(adjective) concerned primarily with theories or hypotheses rather than practical considerations; “theoretical science”


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Coffee Trivia

According to Guinness World Records, the largest iced coffee is 14,228.1 liters and was created by Caffé Bene (South Korea), in Yangju, South Korea, on 17 July 2014. They poured iced black Americano on the giant cup that measured 3.3 meters tall and 2.62 meters wide.

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