Meaning & use

offsets

verb, noun·Academic

Last updated

UK/ˈɒfsets/
US/ˈɔːfsets/

“offsets” is a form of “offset”. See that entry for the full set of meanings.

Meanings

  1. verbtransitive

    Cancels or balances out the effect of something by having an opposite effect of similar size.

    Grammar: Takes an object: the discount offsets the shipping fee.

    Patterns

    • something offsets something
    • offset something against something

    The new tax credit offsets the higher rent.

    Her salary offsets the cost of childcare.

    Strong sales in spring offsets the winter slump.

  2. nounplural

    Payments or actions that make up for pollution or damage caused elsewhere, such as planting trees to balance carbon emissions.

    Grammar: Plural of offset, often carbon offsets.

    Patterns

    • offsets for something
    • carbon offsets

    The airline sells carbon offsets to its passengers.

    The company buys offsets to balance its emissions.

    Some critics doubt that offsets really reduce pollution.

  3. nounpluraltechnical

    Amounts or factors that balance another amount in accounting or measurement.

    Grammar: Used in finance and measurement for balancing items.

    Patterns

    • offsets against something

    The accountant listed the offsets against the year's profit.

    The printing press corrects small offsets in the alignment.

    The tax offsets reduced his final bill.

Word forms

base formoffset
past tenseoffset
past participleoffset
-ing formoffsetting

Common combinations

offsets the cost
Selling the old furniture offsets the cost of the new sofa.
offsets the loss
Growth in Asia offsets the loss in Europe.
carbon offsets
They bought carbon offsets for the whole trip.
partly offsets
The warm weather partly offsets the weak demand for coats.
fully offsets
The bonus fully offsets the extra commute expense.

Synonyms and how they differ

balances
Balances is gentler and more general, while offsets implies that one thing directly cancels part of another.
counteracts
Counteracts suggests actively working against an unwanted effect, whereas offsets can be about money or numbers.
compensates for
Compensates for focuses on making up for a loss, while offsets suggests an equal balancing amount.
cancels out
Cancels out suggests the effect disappears entirely, while offsets may only reduce it.

Opposites

adds toworsens

Word family

offset verb
to balance or cancel out
offset noun
something that balances something else
offsetting adjective
working to cancel or balance
set off phrasal verb
to begin a journey, or to trigger something

Commonly confused: offsets or outsets?

offsets vs outsets

Outset means the start of something, as in at the outset, and has nothing to do with balancing.

Practice

A discount on the flight ___ the high price of the hotel, so the trip costs about what we expected.

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