Associations to the word «Setoff»

Verb

1

Wiktionary

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

Dictionary definition

SETOFF, noun. Structure where a wall or building narrows abruptly.

Wise words

The chief difference between words and deeds is that words are always intended for men for their approbation, but deeds can be done only for God.
Leo Tolstoy