Definition of Setoff
Setoff
set·off
Definition/Meaning
(noun)
A deduction or counterclaim made against a claim or debt.
e.g. The company made a setoff against the amount owed to them.
(noun)
ink that is unintentionally transferred from a freshly-printed sheet of paper to another sheet of paper during the printing process;
e.g. You can avoid setoff by allowing the pages to dry before stacking them.
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