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

Truthful words are not beautiful; beautiful words are not truthful. Good words are not persuasive; persuasive words are not good.
Lao-Tzu